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The Demand Equation for a Product Is p=400.0008xp = 40 - 0.0008 x

Question 44

Multiple Choice

The demand equation for a product is p=400.0008xp = 40 - 0.0008 x where pp is the price per unit and xx is the number of units sold. The total revenue RR for selling xx units is given by R=xp.R = x p. How many units must be sold to produce a revenue of $200,000?


A) 5635 units or 54,580 units
B) 44,365 units or 74,090 units
C) 4580 units or 74,090 units
D) 5635 units or 44,365 units
E) 5635 units or 74,090 units

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