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Explain Why the Cohort Effect Is Important to Marketers

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Explain why the cohort effect is important to marketers.


Definitions:

Depreciated

The reduction in the value of an asset over time, typically due to wear and tear or obsolescence.

Tax Rate

The percentage at which an individual or corporation is taxed.

Depreciated

Depreciated refers to the decrease in value of an asset over time, often due to wear and tear or obsolescence, recognized in accounting to allocate the cost of an asset over its useful life.

Payback Period

The payback period is the time required for an investment to generate cash flows sufficient to recover its initial cost.

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