monopolists demand curve p=100-2q.
(a) marginal revenue function
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Demand curve, p = 100 - 2q
revenue, r = p.q = (100-2q)×q = 100q - 2q²
marginal revenue =
So marginal revenue function is (100 - 4q).
revenue, r = p.q = (100-2q)×q = 100q - 2q²
marginal revenue =
So marginal revenue function is (100 - 4q).
Answered by
0
Demand curve, p = 100 - 2q
revenue, r = p.q = (100-2q)×q = 100q - 2q²
marginal revenue =
So marginal revenue function is (100 - 4q).
revenue, r = p.q = (100-2q)×q = 100q - 2q²
marginal revenue =
So marginal revenue function is (100 - 4q).
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