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Using Excel, Tough Scrubbers Estimates the Quarterly Demand for Their

Question 42

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 5,400 when a price of $5 per sponge is charge, what is the estimated residual?


A) - 75
B) 75
C) 0
D) - 55

Correct Answer:

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