The Benefits a Consumer Acquires from Consuming a Unit of a Good

question 10

Multiple Choice

The benefits a consumer acquires from consuming a unit of a good is equal to ________.

• A)willingness to pay minus the cost of production
• B)the price that a consumer is willing to pay
• C)the profit associated with the good
• D)the area above the demand curve

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An individual who creates and manages a business venture with the aim of profit-making while taking on financial risk.

Business Model Canvas

A strategic management template for developing new or documenting existing business models visually.

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Business Concept

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