Question

If a nation's GNI is small, but a small percentage of its population receives a large percentage of that income

A. it may be a good market for high-priced industrial products.
B. it may be a good market for high-volume, high-priced consumer products.
C. it may be a good market for low-volume, high-priced luxury products.
D. it is unlikely to be a promising market.
E. then there will be good growth in the future.

Answer 1

If a nation's GNI is small and a small percentage of its population receives a large percentage of that income, it is unlikely to be a promising market. In contrast, a market where a large percentage of the population receives a large percentage of the income may be a good market for low-volume, high-priced luxury products.

Step-by-step explanation:

If a nation's GNI is small, but a small percentage of its population receives a large percentage of that income, it is unlikely to be a promising market. This is because the majority of the population has limited purchasing power, which makes it difficult for businesses to sell high-priced products. In contrast, in a market where a large percentage of the population receives a large percentage of the income, it may be a good market for low-volume, high-priced luxury products as the wealthy minority could afford them.