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Wewaii [24]
3 years ago
9

Market segmentation involves aggregating prospective buyers into groups that have common needs and will

Business
1 answer:
elixir [45]3 years ago
6 0

Answer:

respond similarly to a marketing action.

Explanation:

Market segmentation is the strategy of marketing that involve dividing the consumer market on the basis of similar taste, interest, age, location, needs or any other factors which are common. It help the company to customize the product and reach maximum customer to gain market share.

There are four type of market segmentation:

  • Demographic.
  • Psychographic.
  • Behavioral.
  • Geographic.

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Select the answers that correctly complete the given statements.
Alina [70]

Answer:

leftward shift of

leftward shift of

movement along

rightward shift of

Explanation:

The right answers to complete the given statements are that;

A decrease in real GDP causes leftward shift of the money demand curve.

An increase in technology which makes it easier to pay for goods and services without carrying lots of causes a leftward shift of the money demand curve

A decrease in interest rates causes a movement along the money demand curve.

An increase in the aggregate price level causes a rightward shift of the money demand curve.

6 0
3 years ago
Difference between micro and macro econ
Lina20 [59]

Answer:

The difference is size

Explanation:

"Macroeconomics (from the Greek prefix makro- meaning "large" + economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole".

"Micro- (Greek letter μ or legacy micro symbol µ is a unit prefix in the metric system denoting a factor of 10 −6 (one millionth)".

Hope this helped you!

7 0
3 years ago
Consider each of the following scenarios. For each, would it cause a shift in demand, a shift in supply, or neither a shift in d
Andreyy89

If Adidas lowers its price, there would be a shift to a shift in demand to the left.

An increase in the wages of labor would lead to a shift in supply to the left.

As a result of the report, there would be a shift in demand to the right.

The arrest of the celebrity will neither shift demand or supply.

A decrease in the price of Adidas' shoes will neither shift demand or supply.

<h3>What cause a change in demand?</h3>
  • A change in consumers' expectation : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.

  • A change in the taste of consumers : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.

  • A change in consumer's income: : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.

  • A change in the price of substitute goods: when the price of the substitute good increases, the demand for the good would increase. The opposite is the case when the price of the substitute good decreases.

Here is the complete question:

Nike is wondering how Adidas's decision to lower its prices will affect Nike.

2. Apple, which makes the iPhone, is forced to pay its workers higher wages.

3. A new report indicates that eating hot dogs can prevent cancer.

4. Adidas decides to lower the prices of its shoes.

5. A celebrity who endorses Subway is arrested.

For more information about the change in demand, please check: brainly.com/question/25871620

6 0
2 years ago
At the stage, the product reaches its highest point of demand and sales
gregori [183]

Answer: Maturity Stage

Explanation:

At the maturity stage, the product reaches its highest point of demand and sales. The market is getting closer to saturation, so the number of potential new customers is limited, and competition increases. During the saturation and decline stage, sales stop increasing, so profitability is lowered.

5 0
3 years ago
According to the U.S. Department of Labor Statistics, _____ is the industry earning the highest average annual wage in 2009.
Alchen [17]

Answer:

B. federal government

4 0
4 years ago
Read 2 more answers
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