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What term is defined as an item or a feature for which a consumer is willing to pay?
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What term mean willing to pay?
The term willing to pay means that a person is willing to give cash or credit for something they wish to own. When a person takes an item to the register, they are willing to pay for it.
How does buying an item in a bulk help consumers?
the consumer gets better quality
What are the characteristics of services compared with goods?
Goods are a tangible item where services are not tangible that provide a value to a consumer.
What is the validity of law and demand?
This is how much the consumer will want the product at a certain price. The higher you price the item, the fewer people who will demand it.
Melissa buys an iPod for 100 and gets consumer surplus of 80 what is her willingness to pay?
As she has bought the item her willingness to pay is 100%
Which feature is defined as an item or feature for which a customer is willing to pay?
Value
Which item is defined as an item or feature for which a customer is willing to pay?
Value
Which term is defined as an item or feature for which a customer is willing?
Value
Which is defined as an item or feature for which a customer is willing to pay?
Value
What term is defined as a item or feature for which a customer is willing to pay?
A commodity is a term that could be used to describe something that a customer is willing to pay for. A commodity is an item or service that is produced or offered that satisfies the wants or the needs of the consumer.
What term defined as a item or feature for which a customer is willing to pay?
A commodity is a term that could be used to describe something that a customer is willing to pay for. A commodity is an item or service that is produced or offered that satisfies the wants or the needs of the consumer.
What is a term defined as Item or feature for which a customer is willing to pay?
A commodity is a term that could be used to describe something that a customer is willing to pay for. A commodity is an item or service that is produced or offered that satisfies the wants or the needs of the consumer.
What term is defined as and item or feature for which a customer is willing to pay?
A commodity is a term that could be used to describe something that a customer is willing to pay for. A commodity is an item or service that is produced or offered that satisfies the wants or the needs of the consumer.
Which term is defined as an item or feature for which a a customer is willing to pay?
Value
Which term is defined as a item or feature for which a costumer is willing to pay?
Value
Which term is defined as an item or feature for which a customer is willing to pay?
Value
Which term is defined as an item or feature which a customer is willing to pay?
value
