Under which circumstances may gaps in the market be identified?

      

Give circumstances under which gaps in the market may be identified.

  

Answers


Maurice
(i) When the services needed by consumers are lacking for example, after-sale services.

(ii) When prices charged for goods are high.

(iii) Where goods are not available in the market.

(iv) When goods offered are of poor quality.

(v) When goods offered in the market are inadequate/ not enough.
maurice.mutuku answered the question on July 12, 2017 at 13:36


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