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Assume that a demand equation is given by q=6000100p. Find the marginal revenue for the given production levels(values ofq). (Hint: Solve the demand equation for
Assume that a demand equation is given by q=6000100p.
Find the marginal revenue for the given production levels(values ofq). (Hint: Solve the demand equation for p and use R(q)=qp.)
The marginal revenue at 1500 units is ____
The marginal revenue at 3000 units is _____
The marginal revenue at 3500 units is ____
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