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
sveta [45]
3 years ago
5

Consumer surplus is A. the difference between the highest price a consumer is willing to pay and the price the consumer actually

pays. B. the difference between the highest price a consumer is willing to pay and the lowest price a firm would be willing to accept. C. the highest price a consumer is willing to pay to consume a good or service. D. the difference between the highest price a consumer is willing to pay and marginal benefit. E. the difference between the lowest price a firm would be willing to accept and the price it actually receives. How does consumer surplus change as the equilibrium price of a good rises or​ falls? As the price of a good​ rises, consumer surplus ▼ remains unchanged decreases increases ​, and as the price of a good​ falls, consumer surplus ▼ increases decreases remains unchanged .
Business
1 answer:
ss7ja [257]3 years ago
3 0

Answer is A

Explanation: Consumer surplus actually happens when a customer is willing and ready to pay for a particular product than its current market price. It is a measure of the additional benefits a consumer gets after paying for a product even though they are willing to pay more.

For example: Let's assume you want to get a IPhone 8 plus and you value it at $800 dollars, which you are ready to pay, but realise it is sold at $700. When you buy it at $700, the customer surplus is $100, that is a difference between how much you were willing to pay and the price you eventually got it.

Consumer Surplus changes as the equilibrium price of a good rises or falls. If the price of a good rises, the consumer surplus decreases but when the price of the good falls, the consumer surplus increases.

You might be interested in
Speech that is designed to move the listener to action or belief is _____. entertaining persuasive informative none of the above
horsena [70]

When the purpose of the communication is to the make the listener believes what the speaker says, the type of speech that would be most suitable is persuasive.

Thus, the answer to the question above is (B) persuasive, since the purpose of <em>entertaining speech</em> would be to create entertainment for the listeners while <em>informative speech’s</em> purpose would be to give information that the listeners do not yet know.

4 0
3 years ago
Read 2 more answers
1. What setting must be enabled to view data in Demographics and Interests Reports?
nadezda [96]
The answer is advertising features
3 0
3 years ago
In a marketing context, a message refers to
damaskus [11]
The answer is c. the information sent by a surce to a receiver during the communication process.
 
 A message refers to the information sent by a source to a receiver during the communication process. 

7 0
3 years ago
In reviewing research on power, you discover that there are three other common sources of power in organizations. Which of the f
yarga [219]

Answer:

A. Personal effort

D. Network of relationships

Explanation:

There are many forms of power in organizations, based on the provided answers the two that are examples would be Personal Effort and Network of relationships. One's personal effort helps them climb in an organization and gain power along the way through their hard work. While on the other hand, having a network of relationships grants power by opening doors to opportunities that may not otherwise be available, simply because of someone else in a specific situation.

3 0
3 years ago
Why would an advocate of the efficient market hypothesis believe that even if many investorsexhibit the behavioral biases discus
Talja [164]

Answer and Explanation:

an Advocate of EMH believes that investor are kin to analyze and uncover any new information which may generate greater returns on the investment. also for that purpose they are willing to spend time and resourses.

it acts as an incentive for them as they believe efficient pricing of security depends upon requirement of rigorously efficient market information.

6 0
3 years ago
Other questions:
  • The study of large-scale economic phenomena is calle
    11·1 answer
  • The Donaldson Furniture Company produces three types of rocking​ chairs: the​ children's model, the standard​ model, and the exe
    6·1 answer
  • Which of the following is consistent with the law of​ supply? A. The state of Washington has less apple regulation than Californ
    9·1 answer
  • Open-market options are when the federal reserve buys and sells securities to influence the.
    9·1 answer
  • Last season at City Opera House, far more people attended opera X than opera Y. However, opera Y generated far greater net profi
    10·1 answer
  • When a government seizes an investment of a foreign investor but some reimbursement for the assets is made, the government follo
    9·1 answer
  • 2. Make a list of at least 5 business ideas that interest you. Then explain which one you think is the best opportunity for you.
    11·2 answers
  • The financial statements report the cumulative impact of all transactions recorded as of the financial statement date. Input the
    7·1 answer
  • Keisha is renting a one-bedroom apartment but allows her best friend to move in and pay $200 per month to sleep on the couch for
    14·1 answer
  • What are subchapter c earnings and profits (e&amp;p)? how does the existence of such e&amp;p affect the s corporation's ability
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!