If the Demand Function for a Product Is Given by

question 15

Multiple Choice

If the demand function for a product is given by where p is the price per unit when x units are demanded, what is the total revenue when 90 units are demanded and supplied? Round your answer to the nearest cent. ​

• A)$5,146.82
• B)$7,318.25
• C)$199.96
• D)$2,975.38
• E)$40.66

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Definitions:

Individual

A single human being as distinct from a group, class, or family.

Primary Categories

Fundamental classifications or divisions used to organize or group entities based on shared characteristics or attributes.

Little Influence

A situation where an individual or entity has minimal impact or control over outcomes or decisions.

Primary Categories

The main groups or classifications into which a set of items or concepts are organized.