Pumpkin Patch sells a range of children's clothing.The company has noted over the past few years that an increasing proportion of its customers have only one or two children.What external influence on pricing has Pumpkin Patch noted?

Question

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Consumer trends, specifically the trend of having smaller families, have influenced Pumpkin Patch's pricing strategy for their children's clothing. They may need to adjust their prices to cater to the needs of their customers with fewer children.

Pumpkin Patch Sells a Range of Children's Clothing