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Linear demand: 980 L at Rs 14 and 1220 L at Rs 16. Sales at Rs 17 are
A1340
B1460
C1220
D1280
Answer & Solution
Correct answer: A. 1340
Demand rises by 240 for each Re 2 step, so by 120 per rupee; at Rs 17 it is 1220 + 120 = 1340.
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