True/False
The 80/20 principle,also called Praedo's law,states that 80 percent of a product's revenues come from 20 percent of its customers.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q66: A micropolitan statistical area will have at
Q132: Engel's laws state that,as household income increases:<br>A)the
Q132: _ are goods and services purchased for
Q135: A firm that chooses to target potential
Q137: Five years ago,Joshua spent 28 percent of
Q153: Division of the total market into smaller,
Q159: An urban area that include two or
Q161: LuLuLemon Athletica,which specializes in athletic wear for
Q165: _are those born between 1946 and 1964
Q167: The first stage in the market segmentation