What is the usual relationship between a country’s standard of living and literacy rate of that country? Usually the relationship between a country's standard of living and literacy rate directly relate to one another. When a country has a high standard of living, the literacy rate is also high because the norms are set to a higher standard. In society, everything relates to one another and because of one thing comes another outcome and so on.
Answer:
producers need to know that consumers want so they can sell more and make more profit
Explanation:
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A <u>C. flexible market</u> offering consists of two parts: a naked solution and discretionary options.
<u>Explanation</u>:
The products, services and information that are offered to customer according to their requirements in the market are known as market offerings. The market offering are sometimes flexible. An open solution is provided for the goods/service that is valued by all segment members. A flexible option valued by specific segment members is also provided.
The customer differences are recognized based on the type of segmentation scheme. Geographic method of segmentation is followed by the marketer while segmenting the market based on neighborhoods.
