In the economic value creation framework of measuring competitive advantage (VPCs),V - P = __________.
A) Profits
B) Deadweight loss
C) Goodwill
D) Consumer surplus

Name: In the economic value creation framework of measuring competitive advantage (VPCs),V - P = __________. A) Profits B) Deadweight loss C) Goodwill D) Consumer surplus
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Question

Quizplus · Accepted Answer

Under the economic value created framework, the difference between the value a consumer attaches to a good or service and what they pay for it is consumer surplus.

In the Economic Value Creation Framework of Measuring Competitive Advantage