Audience Segmentation Categorizes People Based on Both Broad and Narrow

question 43

True/False

Audience segmentation categorizes people based on both broad and narrow criteria.

---

Definitions:

Marginal Product

The additional output resulting from using one more unit of a particular input, holding other inputs constant.

Total Revenue

The total amount of money a company receives from its sales of goods or services, calculated before any expenses are subtracted.

Total Output

The total quantity of goods and services produced in an economy over a specific period of time.

Total Cost

The sum of fixed and variable costs incurred by a business in the production of goods or services.