"For Any Good,the Consumer Surplus Should Be Roughly Zero,because Although

question 132

Essay

"For any good,the consumer surplus should be roughly zero,because although there are some consumers who consider the good a bargain at the market price,there are others who consider the price too high and the good not worth the price." Explain why this statement is incorrect.

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Definitions:

Sales Presentation

A formal talk or demonstration designed to showcase a product's benefits to potential buyers, aiming to encourage a purchase.

Sales Presentation Mix

The key communication elements used by the salesperson in the presentation.

Proof Statements

Statements that substantiate claims made by the salesperson.

Visuals

Illustrative material that aids a prospect in increasing memory retention of a presentation.