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Suppose You Own a Store That Sells Top-Of-The-Line MP3 Players

Question 14

Multiple Choice

Suppose you own a store that sells top-of-the-line MP3 players.You have determined that the demand function for your MP3 players is Qd = D(P) = 1200 - 4P.At what price would you sell the MP3 players if you wanted to sell 100 of them?


A) $250
B) $275
C) $280
D) $300

Correct Answer:

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