Solved

Choose the One Alternative That Best Completes the Statement or Answers

Question 270

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-The price pp and the quantity xx sold of a certain product obey the demand equation:
p=15x+200,{x0x500}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\$ 110,000
B) $78,000\$ 78,000
C) $20,000\$ 20,000
D) $42,000\$ 42,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents