This topic contains a solution. Click here to go to the answer

Author Question: The difference between the value you place on a product and its market price is called a. Consumer ... (Read 35 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
The difference between the value you place on a product and its market price is called
 a. Consumer surplus
 b. Quantity demanded
  c. Demand
 d. None of the above

Question 2

What would the B's best response be if player A does not stop?
 a. Player A stops, Player B does not
  b. Player B stops, Player A does not
  c. Both players stop
 d. Neither players stop



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

a

Answer to Question 2

b




waynest

  • Member
  • Posts: 553
Reply 2 on: Jul 1, 2018
Excellent


matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

For a complete list of videos, visit our video library