The Most Common Method of Market Segmentation Is

question 32

Multiple Choice

The most common method of market segmentation is:

• A) product-based segmentation.
• B) demographic segmentation.
• C) economic segmentation.
• D) psychographic segmentation.

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Definitions:

Production Possibilities

A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources, technology, etc.).

Trade-offs

Situations where making a decision to gain something entails losing something else, typically requiring a compromise or balancing act.