True or false: The goal of market analysis is generally to develop an understanding of the factors that affect demand and and su

Question

2 years ago

5

True or false: The goal of market analysis is generally to develop an understanding of the factors that affect demand and and su

pply in a particular market and use that knowledge to forecast how values in that market are likely to change over time.

Business

1 answer:

Hoochie [10] · Answer 1 · 2023-11-19T09:15:22+03:00

It is a true statement that the goal of market analysis is to develop an understanding of the factors that affect demand and and supply in a particular market.

<h3>What is a market analysis?</h3>

This refers to the deep assessment of a market within a specific industry through the information gathered about the conditions that affect such marketplace.

One of the goal of market analysis is to develop an understanding of the factors that affect demand and and supply in a particular market.

Therefore, it is a true statement.