1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arisa [49]
3 years ago
9

The difference between the maximum price a consumer is willing to pay for a product and the actual price the consumer pays is ca

lled
Business
1 answer:
sineoko [7]3 years ago
3 0

Answer:

The answer is consumer's surplus

Explanation:

Consumer's surplus is the difference between what the consumer or buyer is willing to pay and the amount he or she eventually paid.

For example, Mr A is willing to pay $100 for a product and the producer is willing to sell for $90. After much negotiation between mr A and the seller, he eventually paid $85. What he paid was lower than what he was willing to pay before.

So the consumer surplus is $100 - $85 = $15

You might be interested in
Read the scenario, and answer the questions. You are a project manager for a specialty sports equipment manufacturer. A critical
GarryVolchara [31]

Answer:

Mentally outline your conversation

Explanation:

Since in the question it is mentioned that Gwen who is in a design team is unprofessional and even rude to her coworkers. Due to this, she missed two deadlines. Now you have to address this problem so here the first step is to outline your conversation in a mental way so that the chances of solving the problem is high

Therefore the same is to be considered

3 0
3 years ago
The free cash flow to the firm is reported as $205 million. The interest expense to the firm is $22 million. If the tax rate is
Sergeu [11.5K]

Answer:

The correct answer is $2,444.6 billion

Explanation:

FCFE= FCF+ Increase in debt- Interest (1-t)

        =  $205+$25-$22( 1-0.35)

        =$215.7

Market Value = [(215.7)1.02)]/ [11%-2%]

                      =$2,444.6

Assuming a single period growth rate of 2%,

the forecasted FCFE =$215.7(1+0.02)

                                  =$220.01 billion

Although this is not available in the options provided ,$220.01 billion is the correct answer.

4 0
3 years ago
In porter's generic competitive strategies, which strategy combines a focus on a total market scope and a competitive cost advan
Vanyuwa [196]

In porter's generic competitive strategies, <u>focus strategy </u>and <u>overall cost</u> <u>leadership </u>strategy combines a focus on a total market scope and a competitive cost advantage respectively.

<h3>What is focus strategy?</h3>

A focus strategy is a competitive tactic used to target marketing and sales at a certain market niche. Utilizing underserved or untapped markets is the goal of this technique.

While many rivals want to reach as many clients as possible with their sales, a focus approach chooses one or more certain categories. It gains an advantage by providing that sector with either high quality or low cost. These actions may improve client loyalty.

There are primarily two categories of focus strategies. One aspires to outperform the competition by cost leaders, while the other wants to succeed by differentiation itself.

Learn more about Focus strategy

brainly.com/question/15173066

#SPJ4

5 0
2 years ago
An economic model can be defined as___________a. a testable claim which can be evaluated with proper data.b. a representation of
Radda [10]

Answer:

b. a representation of a theory or a part of a theory

Explanation:

A model is different from theory because is a more applied and empirical representation of a situation while the theory is more abstract. An economic model is a simplified prediction of a complex and real economic behavior, it uses variables to analyze different scenarios, it also uses logical and quantitative relationships between economic processes, is usually mathematical. <em>The results of these models can lead to a new investigation, theorization or to prove theories.</em>

I hope you find this information useful and interesting! Good luck!

5 0
3 years ago
Suppose you are a manager for a multinational company that produces a variety of beauty products. Heartland Company was founded
Vitek1552 [10]

Answer:

a. Partnership

Explanation:

Brazil is a market that can be tricky if exporting is used. Botanico is struggling at 2nd position with only 20% share but are efficient in manufacturing and distribution which can be utilized by Heartland. Heartland is known as trend setter which is something Botanica lacks currently to woo the young women and girls into buying their products A partnership would simply result that competitive edges of both the parties can be employed together to win over the market.

5 0
3 years ago
Other questions:
  • According to the table what is Omars bank balance?
    7·2 answers
  • Are people’s needs limited?
    5·2 answers
  • A company produces a single product. Variable production costs are $13.10 per unit and variable selling and administrative expen
    9·1 answer
  • How do the activities of marketing for value fulfill the marketing concept for the market-oriented organization
    9·1 answer
  • Marketing channels can achieve economies of scale through:a. overcoming spatial discrepanciesb. overcoming temporal discrepancie
    9·1 answer
  • Michael earns $3,950 every month after taxes and deductions for social security and insurance. He puts $900 a month into savings
    10·1 answer
  • The combination of media, Internet, entertainment, and phone services into a single device illustrates the principal of
    7·1 answer
  • Why might a country choose to devalue its currency? to please its trading partners to encourage exports to encourage imports to
    8·2 answers
  • As of late, US antitrust regulators begin their examination of a merger by using statistical tools and real-world evidence to __
    13·1 answer
  • if you followed the suggestions of robert m. mcmath, which of these provides the best advice for a marketer for colgate, when la
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!