True.
Segmentation allows a firm to break the customer market by different categories and groups, such as demographics, market location, age, gender, and more. The segmentation process uses data to help the firm choose its target market to capture the most value. The customer group selected is then the target market for the firm.
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Answer:
Accounting profit= $55,000
Explanation:
Giving the following information:
Last year, he earned $70000 in revenue. He had explicit costs of $15000.
<u>The accounting profit doesn't take into account the opportunity cost of other income options.</u>
Accounting profit= 70,000 - 15,000= $55,000
Manufacturers will work with specific retailers depending on where their target consumers expect to find their products in the process known as Consumer expectation.
<h3>What is
Consumer expectation?</h3>
Consumer expectations can be regarded as the economic outlook of households.
Expectations in the path of consumers help them in the bearing on current economic activity and help Manufacturers to work with specific retailers depending on where their target consumers.
Learn more about Consumer expectation at:brainly.com/question/2664098
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