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Business, 23.10.2020 16:10 sanociahnoel
A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximum of $600 for the television priced at $500. The difference of $200 ($600 minus $400) is the Group of answer choices customer lifetime value. total return to shareholders. economic value created. consumer surplus.
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A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximu...
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