Refer to the Accompanying Table A)3 Pizzas

question 162

Multiple Choice

Refer to the accompanying table. Pat's opportunity cost of making a pizza is delivering: $\begin{array}{|l|r|r|}\hline & \text { Pizzas Made Per Hour } & \text { Pizzas Delivered Per Hour } \\\hline \text { Corey } & 12 & 6 \\\hline \text { Pat } & 10 & 15 \\\hline\end{array}$  

• A)3 pizzas.
• B)2 pizzas.
• C)3/2 of a pizza.
• D)2/3 of a pizza.

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Definitions:

Demographic Data

Information related to the characteristics of human populations, such as age, gender, income, and ethnicity, used for statistical analysis.

Market Segmenting

The process of dividing a broad consumer or business market into sub-groups based on shared characteristics, to target them more effectively.

Education

Education is the structured process of facilitating learning, acquiring knowledge, skills, values, and attitudes.

End-use Segmentation

A marketing strategy that categorizes potential customers based on the specific final use of a product or service.