Figure 5-5 -Refer to Figure 5-5.At a Price of $30 Per Unit,sellers

question 64

Multiple Choice

Figure 5-5
-Refer to Figure 5-5.At a price of $30 per unit,sellers' total revenue amounts to

• A) $150.
• B) $200.
• C) $288.
• D) $450.

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Definitions:

Equitable Remedy

A legal remedy, usually issued by a court, which provides a solution deemed fair and just in situations where monetary damages are not sufficient.

Misrepresented

The act of presenting facts or information in a false or misleading way.

Breach Of Contract

The violation of a contractual obligation by failing to perform one's own promise, by hindering another party's performance, or by making it impossible.

Rectification

A correction, by the court, of the wording of a mistake in a contract.