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The Consumer Demand for a Certain Commodity Is D(p)=8,000.00e057pD ( p ) = 8,000.00 e ^ { - 057 p }

Question 19

Multiple Choice

The consumer demand for a certain commodity is D(p) =8,000.00e057pD ( p ) = 8,000.00 e ^ { - 057 p } units per month when the market price is p dollars per unit.Express consumers' total monthly expenditure for the commodity as a function of p and determine the market price that will result in the greatest consumer expenditure.


A) $8,000.00
B) $14.04
C) $26.32
D) $1.75

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