Which of the Following Is an Example of a Supply

question 109

Multiple Choice

Which of the following is an example of a supply shock?

• A) a surprise increase of the money supply
• B) an increase in government spending
• C) a sharp increase in the price of oil
• D) an increase in the price level

Distinguish between market segments and target markets.

Acknowledge the changing significance of demographic variables in market segmentation.

Understand psychographic segmentation and its application in understanding consumer personality and lifestyle.

Grasp the concept of benefits-sought segmentation and its role in identifying consumer needs.

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Definitions:

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Latin America

A region consisting of countries in Central and South America and the Caribbean where Romance languages primarily Spanish and Portuguese, are spoken.