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Which of the following statements about demand conditions are correct? (Check all that apply.) Multiple select question. Industries that have demanding customers often are able
Which of the following statements about demand conditions are correct? (Check all that apply.) Multiple select question. Industries that have demanding customers often are able to anticipate future global demand conditions and proactively respond to these requirements. When demand conditions are high, consumer prices tend to decrease, and domestic rivalry increases. They refer to the demands that consumers place on an industry for goods and services. When consumers place high demands on firms, firms are motivated to meet these high standards
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