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Mandarinka [93]
4 years ago
7

_______ is best described as the difference between the value a consumer attaches to a good or service and what he or she paid f

or it. consumer equity consumer lifetime value consumer surplus consumer price index references multiple choice
Business
1 answer:
zysi [14]4 years ago
5 0

Consumer Surplus

This is the difference between what consumers are willing and able to pay and what they actually do pay. You may be willing to spend up to $100 on a new pair of shoes but if you find the perfect pair on sale for $20 you will buy those and there will be an $80 surplus.

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An "increase in demand" means that:
KengaRu [80]

Answer:

d. the demand curve has shifted to the right.

Explanation:

An increase in demand is associated with a rightward shift of the demand curve.

A decrease in demand leads to a leftward shift of the demand curve.

Some of the factors that cause an increase in demand :

1. Increase in income if the good is a normal good.

2. Expectation of an increase in price in the future.

3. Increase in price of the substitute.

An increase in Quanitity demanded leads to an upward movement along the demand curve. Only changes in price leads to a movement along a demand curve.

I hope my answer helps you

7 0
4 years ago
What is the economics
barxatty [35]

Answer:

it refers to cost of something and its worth manship

7 0
3 years ago
Read 2 more answers
If an​ organization's present suppliers are especially​ expensive, unreliable, or incapable of meeting the​ firm's needs for​ pa
Anna [14]

Answer:

Backward integration.

Explanation:

Backward intergration is the process by which a company either buys or generates internally segments of its supply chain. It involves creation of input that can be used in production process. For example if a company buys up their supplier for a pay input.

So if an​ organization's present suppliers are especially​ expensive, unreliable, or incapable of meeting the​ firm's needs for​ parts, components,​ assemblies, or raw​ materials. The best strategy will be to buy a supplier of the input

4 0
3 years ago
In this culture, preference is given to friends when hiring, contracting, procuring and sharing business opportunities. Family i
ira [324]
I think the answer is B
8 0
4 years ago
Thomas purchased 2,500 shares of EKK stock for $135,000 one year ago. The stock pays annual dividends of S.30 a share. Today, Th
Anastaziya [24]

Answer:

His return on investment is negative 8.7%

Explanation:

Thomas purchased 2,500 shares of EKK at $54 per share (=$135,000 / 2,500).

He received $750 (= $0.30 x 2,500) in annual dividends.

He sold his 2,500 shares at $49 per share = $122,500

The total amount of money he received from his investment is $122,500 + $7

50 = $123,250, then we divide that by $135,000 = 0.913 - 1 = -8.7%

8 0
4 years ago
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