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    Exam 3: Internal Analysis: Resources and Competitive Advantage
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    Donna Can Make a Chair for $100; She Charges Customers
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Donna Can Make a Chair for $100; She Charges Customers

Question 17

Question 17

Multiple Choice

Donna can make a chair for $100; she charges customers $150 to buy the chair, and customers perceive that the chair is worth $225. In this case, the consumer surplus is:


A) $50.
B) $75.
C) $125.
D) $150.
E) $225.

Correct Answer:

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