Forecasting Market Demand
What factor or variable do you believe is the most important in forecasting market demand for a new MLB stadium? Provide evidence for your answer as well as analytic contrast to other viable factors.
Discussion Thread: Economic Impact
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Discussion Thread: Economic Impact
Market demand is an essential driver of feasibility research. The market demand for certain goods and services is perceived to be the willingness and ability of consumers to buy the products at a given price. It is critical to evaluate the market demand for a new MLB stadium since it would help determine if there will be sufficient income in relation to the cost experienced during the stadium's building. Demographic and local population are essential factors to consider in foreseeing market demand.
The population's composition, size, and growth rate might have a substantial effect on the possible fan base and the entire demand for the presence