Figure 9-12 -Refer to Figure 9-12.Consumer Surplus After Trade Is

question 130

Multiple Choice

Figure 9-12
-Refer to Figure 9-12.Consumer surplus after trade is

• A)$6,400.
• B)$9,600.
• C)$12,800.
• D)$14,400.

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Definitions:

Flat Fee

A pricing structure that charges a single fixed fee for a service, regardless of usage or time expended.

Franchising Revenue Model

Earning revenue by selling franchises of an existing business to allow another party to trade under the name of that business.

Existing Business

An enterprise that is currently operational and has gone past the startup phase, often with established customers, revenue streams, and market presence.

Trade

The exchange of goods or services between parties, which can be within or across borders.