_____ Are Products or Services That Add Additional Value to the Primary

question 36

Multiple Choice

_____ are products or services that add additional value to the primary product or service that makes up a network.

• A) Quantum efforts
• B) Substitute components
• C) Complementary benefits
• D) Orthogonal gains
• E) Standby additions

---

Definitions:

Total Surplus

The aggregate net benefit to society derived from the production and consumption of a good or service, comprising both consumer and producer surplus.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, achieving a state of market balance.

Consumer Surplus

The division between the total financial commitment consumers are willing to make for a product or service and the amount they actually contribute.

Price Floor

A minimum legal price set by the government at which a good or service can be sold, aiming to prevent prices from falling too low.