The market which is not affected by marketing expenditures of other companies in industry is called ___________?
Correct answer: D. no expansible market
- A. expanding expenditure
- B. limited expenditure
- C. expansible market
- D. no expansible market
Explanation
A nonexpansible market does not grow when competing firms increase their marketing expenditures, because the total market demand is already effectively fixed. The option 'no expansible market' is the poorly worded equivalent.
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