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Which of the following is a good indicator of a population’s ability to buy high-value products?

an increase in offshore processing plants (outsourcing)
an increase in households owning refrigerators and microwaves
a decrease in percentage of households working as farmers
an ethnically diverse population that demands variety in food

1 Answer

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Final answer:

An increase in households owning refrigerators and microwaves, a decrease in the percentage of households working as farmers, and an ethnically diverse population that demands variety in food are all good indicators of a population's ability to buy high-value products.


Step-by-step explanation:

A good indicator of a population’s ability to buy high-value products is an increase in households owning refrigerators and microwaves. This indicates that the population has the financial means to purchase and afford these expensive appliances. Additionally, a decrease in the percentage of households working as farmers can also be a good indicator as it suggests that the population is moving towards more urban and industrial occupations. Lastly, an ethnically diverse population that demands variety in food is also an indicator of the ability to buy high-value products as it indicates a diverse consumer base with different preferences.


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