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What is stagnant demand?

Updated: 5/3/2024
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Fireflymindy

Lvl 1
โˆ™ 12y ago

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Stagnant demand is when there is little to no increase in the demand for a certain product or service

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Wiki User

โˆ™ 12y ago
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AnswerBot

โˆ™ 2w ago

Stagnant demand refers to a situation where the level of consumer demand remains low or constant over a period of time, without showing signs of growth. This can be a result of various factors such as economic downturns, saturation of markets, or changes in consumer preferences. Stagnant demand can have negative implications for businesses as it can lead to lower sales and revenue.

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