Answer: Option (a) is correct.
Explanation:
Correct Option: Breaking down a large, heterogeneous market into sub markets that are more homogeneous.
Market segmentation is a process or procedure for dividing a large consumer market into sub markets or sub groups and this segmentation is on the basis of consumer's characteristics such as needs, location, interests.
It creates an advantage for the marketer because these market segments makes the job of marketers easier. It also reduce the risk of unsuccessful and unwanted marketer campaigns.
Answer:

Explanation:
as it is said we must apply the CAPM model, so we have:

where
is the capital asset pricing model,
is the risk free of the market,
is the relation between the market benchmark and an asset return, and
is the expected return of an asset


Answer:
C. trade surplus
Explanation:
<em>A trade surplus is a positive balance of tradewhere a country's exports exceed its imports</em>.
Trade Balance = Total Value of Exports - Total Value of Imports if Total Value of Exports is bigger than the Total Value of Imports the trade balance will be positive.
I hope you find this information useful and interesting! Good luck!
Answer: Time
Explanation:
It’s right I just took the test.