Talbots, an Upscale Women's Clothing Store, Targets College-Educated Women Between

question 24

Multiple Choice

Talbots, an upscale women's clothing store, targets college-educated women between 35 and 55 years old with average household income of $75,000 or more. This is a form of ________ segmentation.

• A)benefit
• B)geodemographic
• C)psychographic
• D)demographic
• E)geographic

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Definitions:

Trade Deficits

A situation where a country's imports exceed its exports, leading to more money leaving the country than coming in.

Money Supply

The total amount of monetary assets available in an economy at a specific time.

Gold Standard

A financial system in which the value of a nation's paper currency is directly tied to gold.

Lower Prices

A decrease in the cost of goods or services, often resulting from factors such as increased competition, lower production costs, or decreased demand.