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The Demand for a Product Is Given by P =

Question 17

Multiple Choice

The demand for a product is given by P = 1,750 - 25Q,where P = price and Q = quantity.If the firm wishes to sell 50 units,each unit should be priced at _____.


A) $500
B) $400
C) $300
D) $200
E) $100

Correct Answer:

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