Which of the following best describes a market signal?
Which of the following best describes a market signal?
A market signal is an indication or sign that provides insight into the behavior or actions of competitors or market conditions. The competitor announcing a new warranty program is a clear example of a market signal as it informs other market players about potential changes in competitive dynamics and customer expectations.
explain
The correct answer is A. The bargaining power of buyers is forcing a drop in market prices. This option describes a market signal where the buyers have significant power and influence, leading to a decrease in prices.
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