What Criteria Do Consumers Apply When Deciding Whether or Not

question 80

Multiple Choice

What criteria do consumers apply when deciding whether or not to consume​

• A)​The consumer would consume only if the price is lower than his highest willingness to pay
• B)The consumer would only consume if his surplus is greater than zero
• C)The consumer would only consume if the price is higher than his highest willingness to pay
• D)​Both A&B

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Definitions:

Extemporaneous Delivery

A method of speaking where the speaker delivers a presentation or speech without extensive pre-planned scripts, often with the aid of notes.

Lectern

A reading desk, often found in public speaking venues, from which speeches or lectures are given.

Vocabulary

Refers to the set of words known and used by a person in speech and writing.

PowerPoint

A software program designed for creating and delivering presentations with slides that can include text, images, and multimedia.