If the demand function is P = 100 4Q find expressions for TR and MR in

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If the demand function is
P = 100 − 4Q
find expressions for TR and MR in terms of Q. Hence estimate the change in TR brought about by a 0.3-unit increase in output from a current level of 12 units.

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Mathematics for Economics and Business

ISBN: 978-1292191669

9th edition

Authors: Ian Jacques

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Question Posted: Apr 18, 2019 09:23 AM

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If the demand function is P = 100 4Q find expressions for TR and MR in

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Mathematics for Economics and Business

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