Question

_______________ is when most potential customers for a product already have something that satisfies that need or want. (Select the best answer.)

Question 37 options:

Market saturation


Rapid growth


The product life cycle


Bringing a product to market

2.What is a saturated market like for sellers? (Select the best answer.)

Question 34 options:

Consumer demand is higher.


It encourages companies to produce more of the product.


It is more competitive.


It contains more available consumers.

3.The total amount your customers pay your business for its products and services is called your __________. (Select the best answer.)

Question 13 options:

Net profit


Startup cost


Gross profit


Revenue

Answer 1

I know I'm very late but for those in the future browsing, here ya go.

Answer for the first one is:  A. Market Saturation

Answer 2

Market saturation is when most potential customers for a product already have something that satisfies that need or want. (Option A)

What is a saturated market like for sellers?

In a saturated market, the sellers face very stiff competition because the demand for their products is now very low. Hence the correct answer here is option C.

What is the total amount that customers pay a business for it's products an services?

The total amount your customers pay your business for its products and services is called your Revenue.

When customers pay for services and products, the money generated is called revenue.

When all the cost of providing such product or service is removed from the revenue, it is called Net Profit.

Learn more about Market saturation at:

https://brainly.com/question/903466
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