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Use the Figure Below, Which Shows a Linear Demand Curve

Question 51

Multiple Choice

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the questions.

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the questions. -The price at which total revenue is maximized is $_____. A) 10 B) 15 C) 20 D) 25 E) 30
-The price at which total revenue is maximized is $_____.


A) 10
B) 15
C) 20
D) 25
E) 30

Correct Answer:

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