According to the Text,in Recent Years What Has Happened to the Size

question 35

Multiple Choice

According to the text,in recent years what has happened to the size of the Canadian family?

• A)It has been shrinking.
• B)It has been expanding.
• C)It has been staying about the same.
• D)It has been expanding for younger couples.

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Definitions:

Costs

The total expenditures or the amount of resources used in the production of goods or services, including materials, labor, and overhead expenses.

Mass Customization

A production technique that allows for the customization of products to meet individual customer needs at mass production prices.

Price Discrimination

Charging different prices to different buyers for products of like grade and quality.

Market Segments

Sub-groups of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities such as needs, wants, or interests.