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Which of the Following Statements Is TRUE of Income Segmentation

Question 42

Multiple Choice

Which of the following statements is TRUE of income segmentation?


A) It is usually analyzed in incremental ranges.
B) It is based on a very quantifiable geographic variable.
C) Marketers seldom use income as a segmenting approach.
D) It is time consuming to study consumers' buying habits based on their income.
E) There is a direct correlation between income and price preferences.

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