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. Find marginal revenue for the firms that face the following demand curves: Q 3 1,000 — 5Р а. b. Q = 100P-2

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A: a.

Question

1. Find marginal revenue for the firms that face the following demand curves:
Q = 1, 000 – 5P
а.
b. Q
= 100P-2

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