The Set of Current and Potential Buyers of a Product

question 55

Multiple Choice

The set of current and potential buyers of a product or service is known as:

• A) the target market.
• B) value segments.
• C) the latent market potential.
• D) the market.
• E) a market segment.

---

Definitions:

Childrearing Expenses

Costs associated with raising a child, including food, housing, education, and healthcare.

Child Support

Financial contributions made by the non-custodial parent to support the upbringing of their children.

Detaches Emotionally

The process of withdrawing or distancing oneself emotionally from others or from emotional investments in particular situations.

Disappointment

Disappointment is the feeling of sadness or dissatisfaction that arises from unmet expectations or outcomes.