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    Economics for Managers
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    Exam 3: Demand Elasticities
  5. Question
    Assuming the Inverse Demand Function for Good Z Can Be
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Assuming the Inverse Demand Function for Good Z Can Be

Question 110

Question 110

Multiple Choice

Assuming the inverse demand function for good Z can be written as P = 90 - 3Q,the corresponding total revenue function is:


A) 6Q.
B) 90 - 6Q.
C) 90 - 3Q.
D) 90Q - 3Q².

Correct Answer:

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