A Decrease in the Number of Dry Cleaners in an Area

question 153

Multiple Choice

A decrease in the number of dry cleaners in an area is represented by a(n) :

• A) downward movement along the dry cleaning supply curve.
• B) upward movement along the dry cleaning supply curve.
• C) leftward shift in the dry cleaning supply curve.
• D) rightward shift in the dry cleaning supply curve.

---

Definitions:

Segment

A portion or division of a larger whole, often referring to a distinct group within a market targeted by businesses.

Geographic Segmentation

Geographic segmentation is a marketing strategy that divides the market based on location, allowing for targeted marketing efforts tailored to regional characteristics.

Value and Lifestyle Survey

A research tool used to assess consumer attitudes, beliefs, and behaviors to understand their purchasing decisions better.

Strategic Business Insights

Analytical information and perspectives that provide depth understanding of business environments to aid strategic planning and decision-making.