Bill Created a New Software Program He Is Willing to Sell

question 79

Multiple Choice

Bill created a new software program he is willing to sell for $200.He sells his first copy and enjoys a producer surplus of $150.What is the price paid for the software?

• A)$50.
• B)$150.
• C)$200.
• D)$350.

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Definitions:

Outplacement

Providing a program of counseling and job search assistance for workers who have been terminated.

Terminated Workers

Individuals who have had their employment contract ended by the employer, often due to redundancy, non-compliance, or organizational restructuring.

Counselling

A professional service offering guidance and support to individuals to help them resolve personal, social, or psychological challenges and improve their wellbeing.

Downsizing

The process by which a company reduces its size through layoffs, restructuring or closure, often in response to economic pressures.