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A large manufacturer has developed a CSR program that uses corporate sponsorship to benefit both the company and the non-profit organization partnered with.The company is seen,through this program as well as because of its quality products,to be a credible and responsible business,worthy of future trust.In this example,this manufacturer has developed its _____________ as a result of ____________.
Equilibrium Quantity
The amount of products or services available and sought after at the balance price.
Consumer Surplus
The divergence between the total price consumers are prepared to pay for a good or service and the actual price paid.
Producer Surplus
The difference between the amount producers are willing to supply a good for and the actual amount received by them when they make the sale.
Consumer Surplus
The divergence between the expected payment by consumers for a product or service and the actual payment made.
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