Answered: Suppose that the demand for a product…

Suppose that the demand for a product is given by the following demand function; Q = 500 - 3P. If you set price at dollar 100 per unit how many unit will you sell?

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter3: Supply And Demand: Theory

Section: Chapter Questions

Problem 8WNG

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Suppose that the demand for a product is given by the following demand function; Q = 500 - 3P.

If you set price at dollar 100 per unit how many unit will you sell?

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