Which of the Following Expressions or Sayings Best Describes Why

question 36

Multiple Choice

Which of the following expressions or sayings best describes why marketers find geodemographic segmentation so effective?

• A)A bird in the hand is worth two in the bush.
• B)Every action has an opposite and equal reaction.
• C)Birds of a feather flock together.
• D)Don't put all of your eggs in one basket.

---

Definitions:

Average Variable Cost

Variable cost divided by the quantity of output

Unique Goods

Products that are distinct in their characteristics, offering uniqueness that differentiates them from mass-produced items.

Price Discrimination

A strategy in pricing where the same provider sells identical or nearly identical products or services at varying prices across different markets.

Deadweight Loss

The reduction in total societal welfare resulting from market inefficiencies, typically due to taxes, subsidies, or monopolies.