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The Target Market Is the Smallest, Least Likely Group to Purchase

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The target market is the smallest, least likely group to purchase a product.


Definitions:

Interest Rate

The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Barter

The direct exchange of goods and services without the use of money as a medium of exchange.

Money

A medium of exchange that facilitates the sale, purchase, or trade of goods between parties.

Money

A medium of exchange that is widely accepted in transactions for goods and services and repayment of debts.

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