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Assume that a demand equation is given by q=7000100p. 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=7000100p.

Find the marginal revenue for the given production levels(values ofq). (Hint: Solve the demand equation for p and use R(q)=qp.)

a.The marginal revenue at 2000 units is _____. (Simplify youranswer.)

b. The marginal revenue at 3500 units is _____. (Simplify youranswer.)

c. The marginal revenue at 6500 units is ______. (Simplify youranswer.)

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