Question

For a consumer packaged good, the linear demand curve follows the equation: Quantity = 17,647 - 4,479 * Price. Calculate Maximum Willingness to Buy for this demand curve.

SHOWING HOW YOU GOT YOUR ANSWER WILL HELP THE MOST. MARKETING METRICS IS THE SUBJECT OF THE QUESTION.  

Answer 1

The linear demand curve follows the equation:

Quantity = 17,647 - 4,479 * Price

The linear demand curve represents the various quantities that a consumer is willing to purchase of a good at various prices.

Let’s assume different prices (the price should be whole number and positive number) and calculate the quantity with the help of linear demand curve

Price	Quantity (=17,647 - 4,479 * Price)
0	17647
1	13168
2	8689
3	4210
4	-269
5	-4748
6	-9227

We can see that Quantity demanded is at maximum when price is 0 and Quantity demanded is negative when price is 4 onwards therefore it's not feasible.

Therefore we can conclude that the Maximum Willingness to Buy for this demand curve is at price 0 with quantity 17647.