A new startup was thinking of offering fruits and vegetables directly from 'farm to front door' for all residents in British Columbia. In order to understand what individuals were interested in purchasing, how much they would purchase, and at what price, they conducted a mail-out survey to all residents. They plotted the information they received on a demand curve. This showed management at the startup anticipated:
A.
the total number of buyers for all products in a particular industry.
B.
the total sales for specified product lines, usually over a three-year-period.
C.
a maximum number of products consumers will buy at a given price.
D.
marginal revenue obtained under specified customer demand conditions.
Answer: D