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Question 55

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Use the following to answer questions :
Figure 4-2 Use the following to answer questions : Figure 4-2 -Refer to Figure 4-2.Assume that the sellers in this market wish to maximize their total revenue.What price should they set along DD in order to maximize total revenue? A) $5 B) $4 C) $3 D) S2 E) None of the above
-Refer to Figure 4-2.Assume that the sellers in this market wish to maximize their total revenue.What price should they set along DD in order to maximize total revenue?


A) $5
B) $4
C) $3
D) S2
E) None of the above

Correct Answer:

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