Table 10-3 -Refer to Table 10-3. Taking into Account Private and External

question 232

Multiple Choice

Table 10-3
-Refer to Table 10-3. Taking into account private and external costs, the maximum total surplus that can be achieved in this market is

• A)$18.
• B)$38.
• C)$46.
• D)$55.

---

Definitions:

Global Channel

Distribution networks that connect producers and consumers across international borders, facilitating the global trade of goods and services.

Distribution

The process of making a product or service available for the consumer or business user that needs it, through direct or indirect means.

Product Strategies

The planning and execution of decisions related to a company's product mix, development, branding, and positioning to meet customer needs and achieve competitive advantage.

Promotion Strategies

Tactics employed by businesses to inform, persuade, and remind customers about products or services to influence their purchasing decisions.