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Price falls from $6.50 to $6.00. Quantity demanded increases from 100 to 200. What is the new total revenue? a) $1650 b) $1200 c) $12.50 d) $300 Question 7.12 points)
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Price falls from $6.50 to $6.00. Quantity demanded increases from 100 to 200.

What is the new total revenue?
a) $1650
b) $1200
c) $12.50
d) $300
Question 7.12 points)

User Donald Duck
by
6.5k points

1 Answer

1 vote

Answer:

1200

Step-by-step explanation:

Well the question is not completely correct I mean what was the price of the product. What percentage of markup do the store have but anyway you said 6 usd for one and 200 sold

200*6=1200

User Pypyodbc
by
6.2k points
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