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    Exam 6: Elasticity
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    Gerald Sells 10 Faucets at a Price of $20 Each
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Gerald Sells 10 Faucets at a Price of $20 Each

Question 68

Question 68

Multiple Choice

Gerald sells 10 faucets at a price of $20 each. It costs him $15 to produce each faucet. What is Gerald's total revenue?


A) $200
B) $100
C) $150
D) $50

Correct Answer:

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