In an economic context, strategy for producers is primarily about
A) distributing the economic value created equally between consumers and themselves.
B) reducing the difference between consumer's willingness to pay for a product and the cost to produce it.
C) capturing the economic value created as much as possible.
D) lowering producer surplus and increasing consumer surplus.

Question

Quizplus · Accepted Answer

In an economic context, strategy is about (1) creating economic value, and (2) capturing as much of it as possible.

In an Economic Context, Strategy for Producers Is Primarily About