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If demand is D1, what is the lowest price that Stromnord can charge so that it will not run out of this model of shoe in the month of July?
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If demand is D1, what is the lowest price that Stromnord can charge so that it will not run out of this model of shoe in the month of July?

If demand is D1, what is the lowest price that Stromnord can charge so that it will-example-1
User Ray Purchase
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1 Answer

6 votes
D1 = 60 for a price of $80. Charging $80 will ensure supply exceeds demand.
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The store apparently could charge a price slightly lower than $80, but we cannot tell from the chart how much lower.
User Joymaker
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