When implementing a focus strategy, the firm seeks 1. to be the lowest cost producer in an industry 2. to offer products with unique features for which customers will pay a premium. 3. to avoid being stuck in the middle 4. to serve the specialized needs of a market segment?
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An increase in demand raises price and encourages businesses to use more resources into the production of that good or service. The quantity of products consumed by people depends on their income and income itself depends on the market value of an individual's work. In a free market economy there is a limited role for the government, indeed in a pure free market system, the government limits itself to protecting property rights of people and businesses using the legal system and protecting the value of money or the value of a currency.
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