Answer:
Gap between the supply curve and the market price.
Explanation:
Producers surplus refers to the surplus that a producer of a commodity can obtain. The producers surplus is the difference between the producer's willingness to accept the price and the actual price they have received.
Producers surplus = Actual market price - Willingness to accept the price
Graphically, it is the area between the upper portion of supply curve and the market price.
Answer:
Option B is correct. According to the Combined American Marketing Assiciation 2004, marketing is the activity for creating, communicating, delivering, and exchanging offerings that benefit its customers, the organization, its stakeholders, and society at large.
Explanation:
This defination clearly denies the illegal activities or unethical trading by adding the phrase that it will benefit society at large not to a single entity.
Answer:
Quid Pro Quo sexual harassment
Explanation:
Quid Pro Quo means exchanging one thing for another.
Quid pro Quo sexual harassment is a form of harassment in which an employer implies either directly or indirectly that sexual favors will be required, from an employee applying for a job, if he/she is to get the job.
This also applies to employees already within the organization, as it may affect whether they get promoted or fired.
