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A Demand Function for Step Stools Manufactured by U-Step Is

Question 36

Multiple Choice

A demand function for step stools manufactured by U-Step is q = -720p + 20,500.What is the revenue if the price per step stool is $18?


A) $369,000
B) $135,720
C) $28,040
D) $7,540

Correct Answer:

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