Solved

For the Demand Function D(q)=3(80q2)D ( q ) = 3 \left( 80 - q ^ { 2 } \right)

Question 44

Multiple Choice

For the demand function D(q) =3(80q2) D ( q ) = 3 \left( 80 - q ^ { 2 } \right) dollars per unit, find the total amount of money consumer's are willing to spend when q = 5 units.


A) $1,002
B) $1,053
C) $1,061
D) $1,075

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions