You Are Interviewing Someone About a New Concept in Debit

question 60

Multiple Choice

You are interviewing someone about a new concept in debit cards.The interviewee immediately tells you that he hates debit cards and never uses them.What would be the appropriate next step?

• A)Terminate the interview as this person will not give you knowledgeable information.
• B)Ask him about the new debit card concept anyway.
• C)Explore why he hates debit cards.
• D)Ask about a similar product, but not the debit card.

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Definitions:

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually pay.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive.

Ruby

A precious red gemstone made of corundum (aluminum oxide), prized for its color and brilliance.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually pay.