Pool Line is the manufacturer of a pool cleaning system that has been called by the pool construction industry, "the miracle we have waited a lifetime for." The cleaning system is very effective and recommended by all consumer magazines. The result is that 93 percent of all new pools have the system, and 94 percent of all pool owners buying replacement systems choose Pool Line. The relevant product market is:

Question

Business

Ariel Riley

17 August, 09:05

Pool Line is the manufacturer of a pool cleaning system that has been called by the pool construction industry, "the miracle we have waited a lifetime for." The cleaning system is very effective and recommended by all consumer magazines. The result is that 93 percent of all new pools have the system, and 94 percent of all pool owners buying replacement systems choose Pool Line. The relevant product market is:

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Answers (1)

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Monica Tanner · Answer 1

pool cleaning systems.

Explanation:

Product market refers to the markets where a final product or service can be sold, e. g. financial services market is where banks, investment firms and others offer their banking, investment and trading services.

In this case, the product market for Pool Line is the market for pool cleaning systems which includes both pool constructors and owners of existing pools as customers.