Answer:
Demographic Segmentation
Explanation:
Consumers within market segments should be more similar to one another on key consumption-related characteristics than they should be with consumers in other segments.
This implies that they must be of the same demographics
Demographics enable marketers to identify business opportunities in the form of people's age group, level of income and income distribution, and overall populations of various regions.
<u>Secondly, most consumption behaviors, attitudes are related directly to demographics.
</u>
That includes
i. Product needs often vary with consumers’ age. Teenagers and young adults like perfumes and new mobile phones
ii. Age is a key factor in marketing many products and services.
iii. Age influences buying priorities. Teenagers and young adults prefer owning a car than a house
The circular flow model is one example or the best model
demonstration of explaining or show the model of producers and consumers in how
they influence one another using the system of free market. This simplifies and
shows the process of how consumers and producers affect one another.
Answer: commercialization
Explanation:
Concept testing is the stage at which survey is being carried out for a particular product. This is done in order to know how consumers will accept a new product before such product is finally introduced to the market.
Since the product has passed the concept testing, the next step will be commercialization. This is when the product is then introduced and the business is managed in order to make profit.
When the effects and impacts of compounding over time are taken into account, the effective annual interest rate is the true return on a savings account or any other interest-paying investment.
Option C is the correct answer: Loan F's effective rate will be 0.302 percentage points lower than Loan G's.
<h3>Given</h3>
The interest rate on loan F is 5.66 percent per month, compounded.
The interest rate on loan G is 6.02 percent, compounded semi-annually.
<h3>Computations of effective rates</h3>
Therefore, option c is the correct answer.
For more information about the related question, refer below
brainly.com/question/25857212
2 3/10 miles is the answer.
