Prodigy Progress is a private elementary school located in the center of Dallas. Students at the school are considered in the top 1% of their age group in terms of IQ scores and aptitude. Parents who want to send their children to the school must get on a waiting list as soon as the child is 12 months old and must make a deposit of $5,000 to the school in order to hold the child's "application" until they reach the age of 5 years. Claire's parents put her on the waiting list at the age of 1 year and paid the deposit; however, when Claire became 5 years old, she did not want to attend the school even though she tested above the requirement. Her parents made the decision to enroll her for the upcoming school year. In this case, Claire ___ part of the market for Prodigy Progress, and her parents ____ part of the market because ____.
A) was; were; Claire needed to attend school
B) was; were; Claire had the authority to attend the school
C) was; were; they had the authority
D) was not; were; Claire needed to attend school
E) was not; were; Claire lacked willingness
Correct Answer:
Verified
Q63: Most markets for products are made up
Q64: Which of the following statements about the
Q65: Which of the following is not a
Q67: Walmart sells numerous products, including packaged food,
Q68: To find a target market, a firm
Q70: Generally speaking, individuals who are unemployed would
Q72: Why would a company use the undifferentiated
Q77: When the needs of individual consumers in
Q79: When a firm designs a single marketing
Q80: Individuals, groups, or organizations with one or
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents