Hello candidate,
The marketing curve is a visual representation of the way different groups of people have a willingness to try out your product over time. Moreover, the curve and its respective phases don't indicate which subject should sell your product to, but rather about how and when you target segments of your ideal customers.
The marketing cuurve is a graph depicting the normal distribution, which has a shape reminiscent of a bell. The top of the curve shows the mean, mode, and median of the data collected. Hope you found it helpful.
If you have any further queries feel free to post it here!!
Question : Kinked demand curve is a feature of
Option 1: Monopoly .
Option 2: Oligopoly .
Option 3: Monopsony .
Option 4: Duopoly .
Question : Which of the statement is correct A: The horizontal summing of the individual demand curves results in the market demand curve. B: The market demand curve is flatter than the individual demand curve.
Option 1: Only A true
Option 2: Only B true
Option 3: Both are true
Option 4: Both are false
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