Social Class Has Declined as a Method of Segmentation as a Result

question 22

Multiple Choice

Social class has declined as a method of segmentation as a result of ________.

• A) higher education rates in the United States
• B) readily available credit flattening the classes
• C) the increase in minority consumers
• D) stores appealing to everyone
• E) wealthy individuals spending lavishly on luxury products

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Definitions:

Ethical

Ethical pertains to moral principles that govern a person's behavior or the conducting of an activity.

Moral Code

A set of principles or ethics that govern the behavior of individuals or groups based on notions of right and wrong.

Price Discrimination

The practice of selling the same product to different customers at different prices, often based on factors like quantity purchased, customer type, or market location.