Question: Consider a customer basis whose willingness-to-pay for a mechanic pencil is described by a continuous Unif(0,20) distribution. The potential market for this product is 30,000

Consider a customer basis whose willingness-to-pay for a mechanic pencil is described by a continuous Unif(0,20) distribution. The potential market for this product is 30,000 units, which corresponds to the number of customers that would acquire the product in case its price was zero. Assume that product quantities can take continuous values

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