which scenario is an example of market saturation?\nthe single coffee shop in town usually has a long line…

which scenario is an example of market saturation?\nthe single coffee shop in town usually has a long line of customers and tends to stay busy during business hours.\nthere are three shoe stores on one block in town, and they have trouble finding customers and making a profit.\na second health club will open because the only health club in town is too crowded to accept new customers.\nit can be difficult to get reservations at the only upscale ethiopian restaurant in town, and it is best to call in advance.

which scenario is an example of market saturation?\nthe single coffee shop in town usually has a long line of customers and tends to stay busy during business hours.\nthere are three shoe stores on one block in town, and they have trouble finding customers and making a profit.\na second health club will open because the only health club in town is too crowded to accept new customers.\nit can be difficult to get reservations at the only upscale ethiopian restaurant in town, and it is best to call in advance.

Answer

Brief Explanations:

Market saturation occurs when the market for a product or service is so full of providers that there is not enough demand to support them all. In the case of three shoe - stores on one block having trouble finding customers and making a profit, it indicates that the supply of shoe - selling services in that area has exceeded the demand, which is a sign of market saturation. The other scenarios show high demand for a single or limited number of providers.

Answer:

There are three shoe stores on one block in town, and they have trouble finding customers and making a profit.