Which Method of Segmenting Markets Is Based on the Idea

question 29

Multiple Choice

Which method of segmenting markets is based on the idea that people experience significant external events during their late adolescence and early adulthood that impact their social values, attitudes, and preferences?

• A)Demographic
• B)Psychographic
• C)Generations
• D)Geodemographics

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Definitions:

Units Of Berries

Quantifiable amounts of berries, used to measure or quantify berry production, consumption, or trade.

Indifference Curve

A graph representing different bundles of goods between which a consumer is indifferent, showing combinations that yield equal satisfaction or utility.

Apples And Bananas

A phrase indicating comparison or choice between two different items, often used to illustrate the concept of preference or trade-off in economics.

Utility Function

a mathematical representation in economics of a consumer's preference ranking over a set of goods or services.