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24 January, 21:22

AccuroDisk Inc. manufactures external hard disks for $32 per unit, and the maximum price customers are willing to pay is $47 per unit. TD Storage Inc. is a competitor of AccuroDisk Inc. that produces external hard disks for $37 per unit, and customers are willing to pay a maximum price of $50 per unit. What does this imply?

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  1. 24 January, 21:51
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    C) AccuroDisk creates a greater economic value than TD Storage.

    Explanation:

    Economic value can be defined as the value added by a producer of a good and it is measured by the maximum amount that consumers are willing to pay for that good minus the costs of production.

    AccuroDisk economic value = $47 - $32 = $15

    TD Storage economic value = $50 - $37 = $13
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Home » Business » AccuroDisk Inc. manufactures external hard disks for $32 per unit, and the maximum price customers are willing to pay is $47 per unit. TD Storage Inc. is a competitor of AccuroDisk Inc.
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