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Business Analytics · End Term · 3 Apr 2022 · January 2022 term

Question 20: Correctly identify the description for the regions depic…

Question 20

+4 marksOne correct option

Correctly identify the description for the regions depicted as "A" and "B" in the picture below from the given options

  1. A

    A: Latent Demand, B: Consumer Surplus

  2. B

    B: Latent Demand, A: Consumer Surplus

  3. C

    A: Latent Demand, B: Seller Surplus

  4. D

    None of these

Show answer

Correct answer

  • A

    A: Latent Demand, B: Consumer Surplus

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Question 20 of 33 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 3 Apr 2022, in the January 2022 term (IIT M FOUNDATION DIPLOMA ENDTERM AN1 3 Apr 2022). It carries 4 marks.

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