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In-market audience targeting consists of people:

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In-market audience targeting consists of people:

 A)  who are currently researching options and actively considering buying a product or service like yours
 B)  who are in your overall target demographic group
 C)  whom you've reached through remarketing
 D)  who are interacting with contextually relevant content

Explanations:

Targeting in-marketing audiences lets you find customers who are in the market, which means that they are researching products and are actively considering buying a service or product like those you offer. In-market audiences are available to advertisers in all AdWords languages. These audiences are designed for advertisers focused on getting conversions from customers most likely to make a purchase. In-market audiences can help drive remarketing performance and reach consumers close to completing a purchase.

Select from these audiences to find customers who are in the market, which means that they are researching products and are actively considering buying a service or product like those you offer. In-market audiences are available to advertisers in all AdWords languages.
Read more here: https://support.google.com/adwords/answer/2497941?hl=en