The difference between this value and the actual price


1.In the reading for this module, author Rick Newman writes that employees who demonstrate "multidisciplinary agility" have a competitive edge and that "learning new skills is anything but a temporary assignment." For this discussion post, first decide which general education skill covered in the Seminar courses to this point (communication, critical thinking, or information literacy) provides the biggest competitive edge in your field. Then, explain why you feel it provides such a competitive edge, and how you can continue to improve in this area after graduation.

2. The true value placed on a product or service is the value assigned by each individual. The consumer surplus is the difference between this value and the actual price paid for that product or service.

Almost everyone has an item they put a higher value on than the price warrants. They would rather pay a premium than to do without. The consumer surplus on these items is high. What items do you cherish the most? Why are you willing to pay more? Explain.

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