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PtichkaEL [24]
3 years ago
13

AccuroDisk Inc. manufactures external hard disks for $32 per unit, and the maximum price customers are willing to pay is $47 per

unit. TD Storage Inc. is a competitor of AccuroDisk Inc. that produces external hard disks for $37 per unit, and customers are willing to pay a maximum price of $50 per unit. What does this imply?
Business
1 answer:
Kamila [148]3 years ago
6 0

Answer:

C) AccuroDisk creates a greater economic value than TD Storage.

Explanation:

Economic value can be defined as the value added by a producer of a good and it is measured by the maximum amount that consumers are willing to pay for that good minus the costs of production.

AccuroDisk economic value = $47 - $32 = $15

TD Storage economic value = $50 - $37 = $13

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