In the image below, identify the areas representing consumer surplus, producer surplus, and deadweight loss. Determine if the horizontal line in pink represents a price cieling or a price floor. Provide an explanation of your answers to receive full credit. Use phrases like lower left triangle, trapezoid, or triangle on the right side to describe the areas you are referencing in your explanation. p=D(x) P=S(x)

Q: Economics What are two positive and negative externalities that would affect an online subscription…

A: The word "externality" is derived from the Latin word "externus," which means "outside" or…

Q: PowerPoint about Principles of Marketing

A: Market refers to the place where the buyers or sellers sell and buy goods and services at the…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: What are the reasons for increasing and decreasing factors of supply in e-commerce?

A: Some of the factors include: Price: If the price product is high, the quantity supplied will rise…

Q: What are the typical orientation of the markets and audiences for new online media producers?

A: Market orientation often includes improvements in customer service and product support geared to…

Q: Why would consumers knowingly buy counterfeit luxurybrands?

A: Consumers buy products that producers produce. Some products are necessities, some are for fun, some…

Q: pIivate investment

A: Government's fiscal policy leads the situation of crowding out.

Q: Question 4 is the benefit that customers receive from a good or service when others also are using…

A: Benefit reffers to the advantage or usefullness comes from by using a service or a product. It is…

Q: Decision makers in companies should concern themselves with: maximizing the company's value over the…

A: Long-term value created by decisions makers helps to sustain a company for the long duration.

Q: Draw a graph of Pepsi company that related to the product differentiation.

A: Monopolistic competition: It has the features of both a monopoly and a perfectly competitive market.…

Q: How does United Airlines Company implement Social media strategy and zones?

A: The current situation of United Airlines: weakness, strengths, threats and opportunities, are…

Q: what is the Effect on the Supply of Microcredit

A: Microcredit is the lending of money in small portions. Microcredit financing is done by many small…

Q: What can be used to influence and shape consumers’ intangible preferences in order to differentiate…

A: The objective of the question is to identify the strategy that can be used to influence and shape…

Q: Determine three types of businesses that would have difficulties establishing successful e-commerce…

A: The first type of businesses are small businesses like small shops. "Small businesses that focus…

Q: A Caterpillar tractor one of the largest farm machinery in the world has requested for your services…

A: Meaning of Monopoly: The term monopoly refers to the situation under which there is only an…

Q: An impersonal non-commercial source of information used to make travel decisions would be travel…

A: This statement is true. An impersonal non-commercial source of information used to make travel…

Q: There are two distinct types of services that app users on the internet may use. What distinguishes…

A: The exchange of goods and services can take place in a market, which is a meeting point for parties…

Q: Distinguise the Perfect Information and Imperfect Infomation.

A: The concepts of Perfect Information and Imperfect Information are about game theory. Perfect…

Q: Buying on a social media network like Facebook raises many privacy concerns for consumers who…

A: Social media networks tend to keep track of a variety of factors about how you use them. People you…

Q: A product's price falls from £2.40 to £2. What percentage change does this represent? a) -40% b)…

A: The objective of this question is to calculate the percentage change in the price of a product that…

Q: Discuss the short-run and long-run welfare effects of high-speed internet.

A: High-speed internet  has many economic implications in any country. With the advancement in…

Q: How do marketers use emotions in product designand advertising?

A: Emotional marketing refers to marketing and advertising that primarily uses emotional appeals to…

Q: Would it be ethical if Facebook profited from selling your and others' personal information to…

A: Ethical issues in the business refer to the decisions of business affecting the moral standards of…

Q: Provide an overview and description of several e-commerce strategies that can be implemented through…

A: Ecommerce, often known as electronic commerce or online commerce, is the purchasing and selling of…

Q: Final score 0.15 technique? Choose the correct answer below 0.86

A: Attributes           Rank             weight(a)    Suv1      Suv 2 Price                          4…

Q: How might blockchain help address the problem ofspoilage and waste in the food industry?

A: A blockchain is a distributed database that is shared by computer network nodes. A blockchain, like…

Q: What companies have failed to adequately respond and adapt to the COVID-19 economy?

A: In some parts of the world, COVID-19 appears to be approaching endemicity.

Q: What factors might explain why various retailers can still charge different prices for the same…

A: The various factors which could affect the costs on the web even after its claim for an ideal market…

Q: Why is mobile connectivity considered a disruptivetechnology?

A: Disruptive technology: It is an advancement that altogether adjusts how customers, ventures, or…

Q: What are some strategies for protecting consumer privacy on an online e-commerce platform selling…

A: The objective of this question is to identify strategies that can be used to protect consumer…

Q: Relates to how the customer views the ability of theproduct to meet his/her objectives.

A: Customer is the decider of product rating in modern era of consumerism

Q: What economic process causes a portion of a network good's demand curve to slope downward? lower…

A: Network goods are a kind of economic good where the worth of the good to an individual consumer…

Q: What was the marketing analysis for Vodafone in the UK in the 1980s?

A: Vodafone is a multinational company headquartered in London England. It is the world’s leading…

Q: Can one company uses  both ERP and SAP?

A:

Q: What is the relevance of a website for a business ? Discuss it with various departmental factors.

A: Websites are a must-have tool for businesses looking to establish credibility and build trust with…