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    Managerial Economics Analysis Problems Cases
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    Exam 2: Revenue of the Firm
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    Given the Demand Function Q<sub>X</sub> = 1500 - 100P<sub>X</sub>
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Given the Demand Function QX = 1500 - 100PX

Question 43

Question 43

True/False

Given the demand function QX = 1500 - 100PX + 75PY + 1.5I + .06A where PY = $40.00. I = $2500, and A = $5,000, the QX equation is QX = 8550 - 100PX.

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