The answer to this question is "PUBLICITY". Hence when King's crown, a beverage company launches a new energy drink, it sponsors a marathon in the city as part of its promotional strategy. Moreover, it issues a press release about the sponsorship and persuades the media reporters of different newspapers to print it. This King's crown is generating a PUBLICITY to get people's attention and to make their new energy drink known.
- equal
- value
- legality
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Answer:
A. the value the consumer gets from buying a product less its price.
Explanation:
The consumer surplus refers to the benefit a consumer receives when they pay a lower price for a product than the one they were willing to pay. It is calculated by subtracting the price a consumer paid for a product from the maximum price that they were willing to pay. According to this, the answer is that the consumer surplus can be defined as the value the consumer gets from buying a product less its price.
Answer:
B. increase the supply of its doll now before the other doll hits the market
Explanation:
Funsters Inc. should increase supply of it´s popular doll now before the doll of Toysorama company hit the market at low price. This will give first mover advantage to Funsters Inc., Which will help the company to grab market share and gain revenue from the market before other company launches its doll. Competition in the market can be handled by taking first step.