Total Revenue Is in Dollars and X Is the Number

question 203

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 , 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

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Definitions:

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