Multiple Choice
At which price does the retailer maximize total sales revenue? Selling Price Quantity Demanded
(in $) (in units)
7 11,000
8 9,500
9 9,000
10 8,000
A) $7.00
B) $8.00
C) $9.00
D) $10.00
Correct Answer:

Verified
Correct Answer:
Verified
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