Examlex
A marketer is interested in segmenting a business market based on technology and customer capabilities. These criteria illustrate which of the following major segmentation variables?
MRP
Marginal Revenue Product, an economic theory stating the additional revenue generated from employing one more unit of a factor of production, like labor.
Wage Rate
The amount of money paid per unit of time or per task for labor or services.
Demand for Labor
The employers' total demand for workers, influenced by wages, productivity, and economic conditions.
Marginal Revenue Product
The additional revenue generated from employing one more unit of a resource or input.
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