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Zolol [24]
4 years ago
6

Consumer​ surplus:

Business
2 answers:
elena-14-01-66 [18.8K]4 years ago
8 0

Consumer surplus is the difference between the maximum amount the consumer is willing to pay for the price of the good and the price that was actually paid by the consumer or commonly known as the current market price. The price that the consumer is willing to pay is determined by the demand curve in the market.

Gre4nikov [31]4 years ago
6 0

B. represents the maximum amount a person is willing to pay for a particular good.

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The answer will be B. It increased
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mylen [45]
The answer is B: compound interest
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Mary Kay Cosmetics and Amway sell their products through home and office sales parties, online websites, and social media. Both
Sphinxa [80]

Answer:

Direct channel

Explanation:

A channel of distribution (also known as marketing channel) involves a group of interdependent organizations who work together to make a product or service available for use or consumption, as well as providing a means of payment to the provider.

A direct channel of distribution is a type of distribution in which product and services are made readily to the consumer by the producers without using any intermediaries.

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3 years ago
Assembling project team and assigning their responsibilities are done during which phase of a project management?.
Finger [1]

Assembling a project team and assigning their responsibilities are done during the project initiation phase of project management.

Project management is an important part of achieving an objective, and is relevant in all spheres, from businesses, to social work, to sports, and education. Projects have a definite time frame for completion and therefore a lifecycle. There are distinct phases in executing a project.

The first phase is the project initiation phase. Here, decisions on the need and significance of the project are taken. Feasibility, viability, and practicality are important. The project charter is drawn up, targets are set, and responsibilities are allocated.

To learn more about phases of project management: brainly.com/question/14522044

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3 0
2 years ago
Disruptive innovation is a process by which a product or service takes root initially in simple applications at the bottom of a
ValentinkaMS [17]

Answer:

The correct answer is True.

Explanation:

The concept of “Disruptive Innovation” is relatively new, it was introduced by Clayton Christensen in 1997 in the book “The innovators dilemma” and refers to how a product or service that originally was born as something residual or as a simple application without Many followers or users quickly become the leading product or service in the market.

Disruption therefore occurs when emerging companies use new technologies or new business models and outperform the market that were the leaders until then.

There comes a time when users do not perceive as a differential advantage the type of evolutionary innovation that has been applied to a product, because they no longer need all those new features that the manufacturer has added to increase the profit and then the manufacturer becomes vulnerable and the evolution of that particular product ceases to be decisive, from that moment the price of that product can become decisive or another product will arrive with a new disruptive technology that will compete with the previous product and with the established technology. The most normal is that new products or services are easier to use and cheaper than products that were already on the market before and thus quickly capture the interest of consumers.

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3 years ago
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