The primary target market for a best cost-provider is the value-conscious buyers.
<h3>What is this value-conscious buyers about?</h3>
Value consciousness is a term that connote that consumers often pay more attention to deals and any kind of unique offers and are prepared to buy in bulk to be able to get discounts.
Therefore, The primary target market for a best cost-provider is the value-conscious buyers.
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Answer:
The correct answer is letter "D": Other family automobiles.
Explanation:
In Marketing, a positioning statement is the segment a company uses to express how their product fits consumer needs. It can also represent the competitive advantage of the product letting know consumers why they ought to choose the company's product instead of competitors.
The frame of the positioning statement is the context of reference the segment is based on. Thus, in the example:
<em>"For upscale American families, Volvo is the family automobile that offers maximum safety";
</em>
under the context of the <em>family automobiles</em>, Volvo is trying to promote its vehicles as the safest.
<span>The price of iron ore increased by more than inflation, so it became more scarce. When inflation occurs there is an increase in the price of something but it results in the fall of purchasing value of money. Because the price of iron rose, it increase by more than inflation but due to the value of money dropping, it because more scare to purchase the iron.</span>
Answer: John's explicit cost of going to Universal is $150 . His implicit cost of going to Universal is $220 . His opportunity cost of going to Universal is $ 70. If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $ 220
