Foundation of the Economy

Target Marketing

100

What is a group that is being aimed at by a business?

target market

200

The easiest way to target a group of customers

targeted ads

300

A customer's interests are a part of their... 

Customer profile

400

A customer's location is referred to as...?

Geographics

500

A customer's physical characteristics are a part of their...

demographics

Supply and Demand

100

Revenue minus costs equals... 

profit

200

As supply increases, prices will most likely... 

decrease

300

As demand increases, prices will most likely... 

increase

400

When supply and demand are equal, is it referred to as... 

equilibrium

500

If prices are dropping, the market is most likely in a state of... 

surplus

Utilities

100

A natural source can also be referred to as... 

raw materials 

200

The location of the product is known as which utility?

place

300

Changing raw material into its final form is referred to as... 

Form utility

400

A nutrition label is part of which utility?

Information

500

When the product is available to purchase is known as... 

Time utility

Schwartz

100

What is his first name?

Lee

200

What sport does he coach?

Swim

300

What is his favorite post-race drink?

Beer

400

Finish this quote- "Birthday ______"

Spanks

500

His son and daughter's name

Cooper and Lexi