The Inverse Demand Function for Coffee Is P = 50,000

question 61

Multiple Choice

The inverse demand function for coffee is p = 50,000 - 2q, where q is the number of tons produced and p is the price per ton.Total revenue from coffee sales be maximized when the output level is

• A)25,000 tons.
• B)15,000 tons.
• C)17,500 tons.
• D)12,500 tons.
• E)none of the above.

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Pathways by which chemical substances move through both biotic (biological) and abiotic (geological and atmospheric) compartments of Earth.

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