| 单词 | MARKET GROWTH |
| 释义 | Particular product’s or service’s increased demand, tracked over time. If consumers have no high demand, growth is slow or stagnant. If consumers develop product or service loyalty at a specific price level, growth increases. A new technology might initially only be marketable to a small set of consumers at a particular price. But, as the price decreases, demand likely increases as more and more consumers find increasing use in every day life. |
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