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What is the relationship between MR and services, C's w/c, and reasonable? What is the relationship between CA and C's w/c after full disclosure? Is the C's w/c higher because of split or unconscionable?

User Diatrevolo
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Final answer:

The relationship between MR and services, C's w/c, and reasonable. The relationship between CA and C's w/c after full disclosure. The impact of split or unconscionable practices on C's w/c.

Step-by-step explanation:

The relationship between MR (Marginal Revenue) and services, C's w/c (Consumer's willingness to pay), and reasonable is that MR is related to the price a consumer is willing to pay for a service and the quantity demanded at that price.

MR is the additional revenue a firm receives from selling one additional unit of output. If the price a consumer is willing to pay for a service decreases, it will result in a decrease in MR.

The relationship between CA (Consumer Surplus) and C's w/c after full disclosure is that CA will decrease as the consumer's willingness to pay decreases, leading to a decrease in consumer surplus.

C's w/c may be higher because of split or unconscionable practices, which can take advantage of consumers by charging higher prices or unfair terms, resulting in a decrease in consumer welfare.

User Ulisses
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