Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the questions.

-The price for which 100 units can be sold is $_____.
A) 10
B) 15
C) 25
D) 45
E) 50

Question

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the  questions.

-The price for which 100 units can be sold is $_____.
A) 10 
B) 15 
C) 25 
D) 45 
E) 50

Quizplus · Accepted Answer

The price for which 100 units can be sold is $45. This is because the price per unit is $0.45, and 100 units would cost $45.

Use the Figure Below, Which Shows a Linear Demand Curve