7. Given the following marginal revenue functions, R' (Q) terms of R(0). Hint: Lets say u=1+Q Oa. R(Q) 40 11Q O b. R(Q)=R(0)+40 40(1+Q), find total revenue function in O c. R(Q) 40 +R(0) 11Q 40 O d. R(Q) R(0) +40 14Q O e. R(Q) +R(0) 1+Q

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter5: Evaluating Operating And Financial Performance
Section: Chapter Questions
Problem 6DQ
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7. Given the following marginal revenue functions, R' (Q)
terms of R(0). Hint: Lets say u=1+Q
Oa. R(Q)
40
11Q
O b. R(Q)=R(0)+40
40(1+Q), find total revenue function in
O c. R(Q)
40
+R(0)
11Q
40
O d. R(Q)
R(0) +40
14Q
O e. R(Q)
+R(0)
1+Q
Transcribed Image Text:7. Given the following marginal revenue functions, R' (Q) terms of R(0). Hint: Lets say u=1+Q Oa. R(Q) 40 11Q O b. R(Q)=R(0)+40 40(1+Q), find total revenue function in O c. R(Q) 40 +R(0) 11Q 40 O d. R(Q) R(0) +40 14Q O e. R(Q) +R(0) 1+Q
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