HomeFront Construction Company built large,single-family homes for 25 years.Then there was a shift toward more demand for small luxury condominiums and HomeFront changed its focus.The change in demand could be explained by ______.
A) the increasing number of senior citizens who are empty-nesters
B) the fact that consumers in urban areas generally have higher incomes
C) the increasing number of 45 to 64 year olds whose children are grown
D) All of these explanations could be relevant.
Correct Answer:
Verified
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