Question

Fill in the blanks to give a reason why markets can change over time.

Tast_s and fas_io_s change.

Answer 1

Explanation:

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Answer 2

Markets can change over time as tastes and fashions change.

• The growth of varied customer options for products and services has been one of the most notable shifts in marketplaces over time.
• Consumer preferences and tastes are ever-evolving and are directly affected by the external environment.
• As a result, every business must always stay abreast of the kinds of goods and services consumers generally need.
• The majority of businesses perform marketing research surveys to monitor the needs and wants of their customers with respect to changes in taste and fashion.
• Everyone has limited resources and loves novelty, thus the more of a certain object individuals purchase, the less likely they are to purchase more of it in the future.

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