Solved

Total Revenue Is in Dollars and X Is the Number

Question 64

Multiple Choice

Total revenue is in dollars and x is the number of units. Suppose that in a monopoly market, the demand function for a product is given by Total revenue is in dollars and x is the number of units. Suppose that in a monopoly market, the demand function for a product is given by   , where x is the number of units and p is the price in dollars. Find the total revenue from the sale of 200 units. ​ A)  $4,000 B)  $27,880 C)  $120 D)  $200 E)  $20 , where x is the number of units and p is the price in dollars. Find the total revenue from the sale of 200 units. ​


A) $4,000
B) $27,880
C) $120
D) $200
E) $20

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions