[Steps Shown] (a) Find the total amount of money consumers are willing to spend to get q_0 units of the commodity, where D(q)=(300)/(4q+3) and q_0=10. (b) Sketch
Question: (a) Find the total amount of money consumers are willing to spend to get \({{q}_{0}}\) units of the commodity, where
\[D\left( q \right)=\frac{300}{4q+3}\]and \({{q}_{0}}=10\).
(b) Sketch the graph of the curve and interpret the consumer’s willingness to spend in part (a) as an area.
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