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Using Excel, Tough Scrubbers Estimates the Quarterly Demand for Their

Question 111

Multiple Choice

Using Excel, Tough Scrubbers estimates the quarterly demand for their kitchen sponges to be Qd = 5,600 - (25 × P) . If the actual demand for their kitchen sponges is 5,535 when a price of $4 per sponge is charge, what is the estimated residual?


A) 60
B) 18
C) 0
D) 35

Correct Answer:

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