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The Demand Function for a Pack of Four Never Die

Question 16

Multiple Choice

The demand function for a pack of four Never Die Batteries is Qd = (62 million) - (8 million × P) . If the company charged a price of $5 per package, how many packages will be demanded?


A) 102 million
B) 54 million
C) 8 million
D) 22 million

Correct Answer:

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