The demand function for commodity X is QD = 300 -...

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The demand function for commodity X, is QD = 300 - 20P; where P is the price in rupees per unit and QD is the quantity demanded in units per period. Which of the following is the price level at which total revenue of a firm facing this demand function is maximised?

A. 8.0

B. 7.5

C. 10.5

D. 12.5

Answer: Option B

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