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    Managerial Economics and Business Strategy Study Set 2
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    Exam 3: Quantitative Demand Analysis
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    The Demand Function in Table 3-1 Is Q<sub>X</sub><sup>d</sup> = 100
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The Demand Function in Table 3-1 Is QXd = 100

Question 49

Question 49

Multiple Choice

  The demand function in Table 3-1 is Q<sub>X</sub><sup>d</sup> = 100 - 2P<sub>X</sub>. Based on this information, compute the total revenue when Q<sub>X</sub> = 20 (point D) . A)  $750 B)  $800 C)  $850 D)  $900 The demand function in Table 3-1 is QXd = 100 - 2PX. Based on this information, compute the total revenue when QX = 20 (point D) .


A) $750
B) $800
C) $850
D) $900

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