Women Are Thought of as a Multiple Market

question 72

Multiple Choice

Women are thought of as a multiple market.What does this mean?

• A)Women have more diversity when purchasing items for themselves.
• B)Women purchase much of the food but also many types of clothing.
• C)Women buy not only for themselves but make purchases for other people.
• D)Women tend to buy things in multiples.

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Definitions:

Industry Concentration

Industry concentration is the degree to which a small number of firms dominate the total output, sales, or employment in an industry.

Bell-Shaped-Curve

A graphical representation of a normal distribution in statistics, where the apex represents the highest point or the mean, and the curve tapers equally on both sides.

Market Structures

The classification of markets based on the competition level and the nature of product differentiation among firms within an industry.

Retained Earnings

are the portion of a company's profits that are held back and not distributed to shareholders as dividends, often reinvested in the business.