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Figure 5-3 PRICE 100 90 Demand 80 70 60 50 40 30 20 10 88228 2 2 2 2 9 5 10 15 20 25 30 35 40 45 50 QUANTITY Refer to Figure 5-3. At a price of $50 per unit, sellers' total revenue equals: O $900. O $1,250. O $1,400. O $1,020.

Figure 5-3 PRICE 100 90 Demand 80 70 60 50 40 30 20 10 88228 2 2 2 2 9 5 10 15 20 25 30 35 40 45 50 QUANTITY Refer to Figure 5-3. At a price of $50 per unit, sellers' total revenue equals: O $900. O $1,250. O $1,400. O $1,020.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Figure 5-3 PRICE 100 90 Demand 80 70 60 50 40 30 20 10 88228 2 2 2 2 9 5 10 15 20 25 30 35 40 45 50 QUANTITY Refer to Figure 5-3. At a price of $50 per unit, sellers' total revenue equals: O $900. O $1,250. O $1,400. O $1,020.
Transcribed Image Text:Figure 5-3 PRICE 100 90 Demand 80 70 60 50 40 30 20 10 88228 2 2 2 2 9 5 10 15 20 25 30 35 40 45 50 QUANTITY Refer to Figure 5-3. At a price of $50 per unit, sellers' total revenue equals: O $900. O $1,250. O $1,400. O $1,020.
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