To negotiate a balance in costs between the tax on imported goods and the cost to the company for production.
Answer:
A. $60
Explanation:
Recall that, consumer's surplus refers to the price that a consumer is willing to pay less the amount he or she actually pays.
Thus
Consumer surplus = maximum price willing to pay - actual market price.
Given that
Market price = $40
Vonda is willing to pay = $90
Aleiyah is willing to pay = $50
Hence.
Vonda consumer surplus = 90 - 40
= $50
Aleiyah consumer surplus = 50 - 40
= $10.
Total consumer surplus = 50 + 10
= $60.
When a company develops a product and then attempts to sell it through normal distribution channels in a number of test-market cities, it is engaged in "standard test marketing".
<h3>
What is standard test marketing?</h3>
A type of test market where the business chooses a limited number of sample cities to test the entire marketing mix before launching a new product.
There are various ways to test marketing-
- Executing a regional product launch before a full launch.
- Working with a small group of customers who may directly provide product feedback.
- Implementing a focused direct marketing campaign to assess advertising methods.
To know more about the marketing objective, here
brainly.com/question/25754149
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<span>All of the following are examples of automatic stabilizers except the rapid growth decreases the number of people collecting unemployment. And more people qualify for unemployment as a result of a recession. The answers are the first and the fourth sentences.</span>
