(B) Psychographic segmentation has been used to market the product.
What is Psychographic segmentation?
As the definition says Psychographic segmentation is a type of market segmentation that divides consumers into sub-groups based on similar psychological features. and in the given situation the sub-group is the college-educated.
Therefore, (B) psychographic segmentation has been used to market the product.
Know more about Behavioral segmentation here:
https://brainly.com/question/26961354
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Complete question:
1. If a product is targeted at a risk-seeking individual who is college educated, makes above $100k a year, belongs to a local extreme sports club, and reads Fight! magazine, and takes two vacations a year to exotic places, what type of segmentation has been used to market the product?
a. decision maker segmentation
b. psychographic segmentation
c. behavioral segmentation