Which of the Following Groups Should Be the LEAST Likely

question 131

Multiple Choice

Which of the following groups should be the LEAST likely target market for a company producing canned foods in single serving sizes?

• A)single adults
• B)school kitchens
• C)campers
• D)senior citizens

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Definitions:

Willingness To Pay

The maximum amount of money a consumer is prepared to spend to obtain a good or service.

Communications Network

A system of interconnected devices or nodes that can communicate with each other to exchange data and information.

Consumer Type

A classification of individuals based on their consumption patterns, preferences, or demographic characteristics.

Willingness To Pay

The maximum amount a consumer is prepared to pay for a good or service.