Explain How the Market for Opticians Is Affected as a Result

question 90

Essay

Explain how the market for opticians is affected as a result of the development of laser technology which reduces the demand for glasses and contact lenses.In your explanation be sure to show the connection between the market for glasses and contact lenses and the market for opticians.

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Definitions:

Psychographics

The study and classification of people according to their attitudes, aspirations, and other psychological criteria, especially in market research.

Psychological Characteristics

Traits or attributes related to an individual's mental and emotional tendencies, including personality, attitudes, and mental abilities.

Personality

Personality refers to the combination of characteristics or qualities that form an individual's distinctive character.

Social Outcomes

The consequences or results of actions, policies, or interactions within society, affecting social relations and community well-being.