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Total Revenue Is in Dollars and X Is the Number

Question 221

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:

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