The Greatest Benefit to Consumers When a Firm Chooses a One

question 184

Multiple Choice

The greatest benefit to consumers when a firm chooses a one product,multiple market segment strategy is __________.

• A)improved service
• B)increased number of choices
• C)higher product quality and consumer value
• D)lower retail prices because of lower marketing costs
• E)lower retail prices because of lower production costs

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Definitions:

Frequent Fires

Recurring combustion events that occur with high frequency in a particular area, significantly affecting ecosystems and human activities.

Giant Sequoia

A species of tree known for its immense size and longevity, native to the Sierra Nevada mountain range in California; it is among the largest living organisms on earth.

Temperate Grassland

A biome characterized by vast open spaces with few trees, moderate rainfall, and a dominance of grasses.

Catastrophic Change

A sudden and widespread disaster that can cause significant environmental, economic, or social upheaval.