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The diagram below shows two production possibilities boundaries for Country X.
FIGURE 1- 4
-Refer to Figure 1- 4.If Country X,constrained by the production possibilities boundary PPB1,is currently producing at point A,it can produce more capital goods by moving to point
Specific Consumers
Individual customers or segments of the market with particular needs, interests, and characteristics targeted by businesses.
Marketer
A person or an organization that promotes or sells products or services, focusing on identifying and meeting the needs of its target market.
Demographic Variable
A characteristic used to segment populations for study, such as age, gender, income level, education, or ethnicity.
Social Class
A segmentation of society according to socioeconomic standings.
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