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Question 99

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Use the following to answer questions:
Figure: The Linear Demand Curve Use the following to answer questions: Figure: The Linear Demand Curve -(Figure: The Linear Demand Curve) Look at the figure The Linear Demand Curve. As a producer, you are interested in maximizing your total revenues in this market. At what price should you sell your good? What is the corresponding total revenue? A) $10; $100 B) $20; $200 C) $0; $100 D) $5; $100
-(Figure: The Linear Demand Curve) Look at the figure The Linear Demand Curve. As a producer, you are interested in maximizing your total revenues in this market. At what price should you sell your good? What is the corresponding total revenue?


A) $10; $100
B) $20; $200
C) $0; $100
D) $5; $100

Correct Answer:

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