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slava [35]
3 years ago
6

An example of a non-traditional seller can be?

Business
2 answers:
kvv77 [185]3 years ago
7 0
D. all of the above because all are not physical retailers. Non-traditional sellers/retailers do their selling/business over the phone, on the internet, etc.
sleet_krkn [62]3 years ago
4 0
D. because a non- traditional seller is entitled to do so
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A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximum of $600 for the television
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Answer:

D. Economic value created.    

Explanation:

The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.

Following is the formula for calculation of economic value created:

Economic Value Created = Value customer willing to pay   -  Cost of product

Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:

Economic Value Created = $600 - $400 = $200

So the correct option is option D.

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