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The Demand Function for a Manufacturer's Product Is P =

Question 83

Multiple Choice

The demand function for a manufacturer's product is p = f(q) = 800 - 2q,where p is the price (in dollars) per unit when q units are demanded (per week) .Find the level of production that maximizes the manufacturer's total revenue.


A) 100
B) 125
C) 150
D) 175
E) 200

Correct Answer:

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