Market research by Delnorte Ltd has revealed that the maximum demand for product $R$ is 50,000 units
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Market research by Delnorte Ltd has revealed that the maximum demand for product $R$ is 50,000 units each year, and that demand will reduce by 50 units for every $\$ 1$ that the selling price is increased. Based on this information, Delnorte Ltd has calculated that the profitmaximising level of sales for product $R$ for the coming year is 35,000 units. The price at which these units will be sold is:
A. $\$ 100$
B. $\$ 300$
C. $\$ 500$
D. $\$ 700$
E. $\$ 900$
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