For which of the following categories of products will demand forecasting be easiest?

For which of the following categories of products will demand forecasting be easiest?



A) commodities which are in the initial stage of their product life cycles
B) products which have many close substitutes in the market
C) goods which are produced in an oligopoly market
D) products whose sales fluctuate widely
E) products whose consumers are highly sensitive to change in price


Answer: C


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