Solve the Problem $$p = - \frac { 1 } { 5 } x + 200 , \{ x \mid 0 \leq x \leq 500 \}$$

question 275

Multiple Choice

Solve the problem.
-The price p and the quantity x sold of a certain product obey the demand equation: $$p = - \frac { 1 } { 5 } x + 200 , \{ x \mid 0 \leq x \leq 500 \}$$ What is the revenue to the nearest dollar when 300 units are sold?

• A) $110,000
• B) $78,000
• C) $20,000
• D) $42,000