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Question
"Market is the set of all actual and ______ buyers of a product".
Options
Original
Potential
Regular
Competitor
MCQ
Fill in the Blanks
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Solution
"Market is the set of all actual and Potential buyers of a product".
Explanation:
The term "potential buyers" refers to individuals or entities who may not currently be purchasing the product but have the interest or ability to do so in the future. Together with actual buyers, they comprise the total market for a product.
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