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When customer incomes fall, demand for more affordable products may rise. Which dimension of the business environment does this illustrate?

Answer and explanation

Correct answer: Economic dimension

The correct answer is B, the economic dimension. Customer income and its effect on purchasing demand are economic factors that can influence businesses.

Related tags

Business EnvironmentEconomic FactorsDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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