Many developing nations have lower per capita incomes than highly developed countries. This fact _____.
A) indicates that they represent an insignificant market for most products
B) means that the developing nations are unlikely to experience much economic growth
C) does not mean there is little opportunity for sales. Their sheer numbers may still represent significant and growing markets.
D) means that they are only likely to purchase low-tech merchandise

Question

Quizplus · Accepted Answer

Although lower per capita incomes suggest a lower overall purchasing power, the sheer number of people in developing nations means that even with lower income levels, there may still be significant and growing markets.

Many Developing Nations Have Lower Per Capita Incomes Than Highly