Given a Consumer's Demand Function $D ( q ) = \frac { 300 } { 0.4 q + 8 }$

question 1

Multiple Choice

Given a consumer's demand function, $D ( q ) = \frac { 300 } { 0.4 q + 8 }$ dollars per unit,find the total amount of money consumers are willing to spend to get 15 units of the commodity.

• A)$419.71
• B)$0.56
• C)$167.88
• D)$209.86

Understand the dynamics of demand forecasting for seasonal products.

Analyze cost components in sales and operations planning.

Calculate the optimal workforce levels based on seasonal demand.

Evaluate the effectiveness of promotional strategies in different demand periods.

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