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Homework answers / question archive / Suppose a market has a demand function of Qd = 20 - 0

Suppose a market has a demand function of Qd = 20 - 0

Economics

Suppose a market has a demand function of Qd = 20 - 0.5P. At which of the following prices will total revenue be maximized?

a. 30

b. 10

c. 20

d. 40

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