In an Economic Context, Strategy for Producers Is Primarily About

question 48

Multiple Choice

In an economic context, strategy for producers is primarily about

• A) distributing the economic value created equally between consumers and themselves.
• B) reducing the difference between consumer's willingness to pay for a product and the cost to produce it.
• C) capturing the economic value created as much as possible.
• D) lowering producer surplus and increasing consumer surplus.