market growth |
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Definition
An increase in the demand for a particular product or service over time. Market growth can be slow if consumers do not adopt a high demand or rapid if consumers find the product or service useful for the price level. For example, a new technology might only be marketable to a small set of consumers, but as the price of the technology decreases and its usefulness in every day life increases, more consumers could increase demand.
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market growth is in the Advertising, Marketing, & Sales subject.
market growth appears in the definition of the following term: portfolio analysis
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