The selling price for hamburgers is $5.99, and the daily price-response function is: d(p) = 590 -

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The selling price for hamburgers is $5.99, and the daily price-response function is: d(p) = 590 - 60p.

What is the demand at this price? ( Round your answer to the nearest integer ).

What is the seller's total contribution at this price? ( Round your answer to the nearest integer.)

What is the total customer surplus at this price? ( Round your answer to the nearest integer.)

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Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

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Posted Date: Jan 31, 2023 05:50 AM

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The selling price for hamburgers is $5.99, and the daily price-response function is: d(p) = 590 -

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Expert Answer:

1 The demand at this price is 235 Demand is calculated using the daily priceresponse function dp 590 ... View the full answer

Managerial Accounting

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