Solved

A Car Wash Currently Sells 30 Car Washes a Day

Question 186

Multiple Choice

A car wash currently sells 30 car washes a day at a price of $5. Total daily revenue is now $150. If they lower their price to $3,


A) total revenue will fall if the number of washes sold only rises to 40.
B) total revenue will remain unchanged if the number of washes sold rises to 50.
C) total revenue will increase if the number of washes sold rises to 60.
D) all of the above are true.

Correct Answer:

verifed

Verified

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents