Two Groups That Have Limited Access to Technology Are

question 34

Multiple Choice

Two groups that have limited access to technology are:

• A)Children who live in rural areas and children who live in poverty
• B)Children who live in poverty and urban areas
• C)Children who are from minority populations and urban areas
• D)Children who are from minority populations and rural areas

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Definitions:

Target-Return Pricing

A pricing strategy where the price is set to achieve a targeted return on investment or profit over costs.

Cost-Plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's unit cost, ensuring a profit margin is achieved.

Penetration Pricing

A pricing strategy where a product is offered at a low price to gain market share quickly.

Psychological Pricing

A marketing strategy that utilizes price points believed to have a psychological impact, encouraging purchases.