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0.0/5.0 points (graded) Consider the total revenue function, TR = 33 + 9Q + 30*2 Find the marginal revenue (MR) at Q = 12. Consider
0.0/5.0 points (graded) Consider the total revenue function, TR = 33 + 9Q + 30*2 Find the marginal revenue (MR) at Q = 12. Consider the total cost function, TC = 28 + 40 - 90*2 + 30*3 Find the marginal cost (MC) at Q= 12. Loading You have used 0 of 1 attempt Some problems have options such as save, reset, hints, or show answer. These options follow the Submit button . Q#2 0.0 /15.0 points (graded ) Consider the demand function for good1 , Q1 = 606 - P1 + 0.75 * P2 - 0.5 * P3 + 0.05 *Y Where , price of good1 (P1) is 203 , price of good2 (P2 ) is 108 , price of good3 (P3 ) is 586 , and income (Y) is 17626 ; Find the price elasticity of demand (PED ). (Give your answer to two decimal places ) Find the income elasticity of demand (YED) (Give your answer to two decimal places)
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