Which Type of Segmentation Refers to Segmenting Markets by Age,gender,income,ethnic

question 2

Multiple Choice

Which type of segmentation refers to segmenting markets by age,gender,income,ethnic background,educational attainment,family life cycle,and occupation?

• A)Geographic.
• B)Demographic.
• C)Psychographic.
• D)Benefit.
• E)Behavioral.

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Definitions:

Exchange Rate

The value at which one currency can be exchanged for another, affecting international trade and economics.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Fiscal Policy

Government actions intended to spark or diminish consumption.

Monetary Policy

Manipulations in the interest rates, the banking rules, and the volume of currency in a country, with a goal to spark or diminish consumption.