6 Audio Included Garbage Cans
Debbie is president of a company that
produces garbage cans. The company has
developed a new type of garbage can that is
animal proof, and Debbie wants to use the
demand function to help set a price. She surveys
ten retailers to get an approximation of how many
garbage cans would be demanded at each price,
and creates a table.
Quantity
Demanded By
Wholesale Retailers (in
Price ($) (p) hundreds) (q)
13.00
744
13.50
690
14.00
630
14.50
554
15.00
511
15.50
456
16.00
400
16.50
300
17.00
207
17.50
113