____________ Is Created When a Customer Is Willing to Pay

question 102

Multiple Choice

____________ is created when a customer is willing to pay more for a good or service than it costs the firm to produce it.

• A) Economic value
• B) Product value
• C) Consumer value
• D) Economic advantage

---

Definitions:

Terminal Ganglia

Groups of nerve cells situated close to or inside the organs they supply nerves to, playing a role in the autonomic nervous system.

Carotid Baroreceptors

Sensory receptors located in the carotid arteries that detect changes in blood pressure and help regulate cardiovascular function.

Glossopharyngeal Nerve

The ninth cranial nerve, which carries sensory and motor information to the pharynx, tongue, and other areas, playing a role in swallowing and taste.

Sympathetic Nerve

Part of the autonomic nervous system that prepares the body for fight or flight response, regulating heart rate, blood pressure, and energy mobilization.