Which of the Following Is NOT One of the Five

question 186

Multiple Choice

Which of the following is NOT one of the five general criteria often used to pick target segments?

• A)cost of reaching the segment
• B)need to conform to government regulations
• C)expected growth of the market
• D)competitive position of the firm with respect to the market

---

Definitions:

Average Variable Cost

The total variable cost divided by the quantity of output produced; it represents the variable cost per unit of output.

Marginal Cost

The incremental cost associated with the production of an additional unit of a product or service.

Total Costs

The complete expenses incurred in the process of producing or providing goods and services, including both fixed and variable costs.

Break Even

The point at which total costs and total revenues are equal, resulting in no net loss or gain.