Question: Question 11 (3 points) The relationship d = 10000 - 75p describes what happens to demand (d) as price (p) varies. Here, price can vary

Question 11 (3 points) The relationship d = 10000
Question 11 (3 points) The relationship d = 10000 - 75p describes what happens to demand (d) as price (p) varies. Here, price can vary between $50 and $70. How many units can be sold at a price of $60 and what will be the total revenue? 1) 4500, $270,000 2) 5500, $330,000 3) 6500, $390,000 4) None of the above

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