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Assume that the demand for product A is: PA = 10 - 0.25Q and the demand for the by-product (B) is: PB = 12 -
Assume that the demand for product A is: PA = 10 - 0.25Q and the demand for the by-product (B) is: PB = 12 - 0.5QB The marginal cost is 5Q/10 . Determine the total output. . What is the marginal revenue for product A (for the total output level)? . What is the marginal revenue for product B (for the total output level)? . What is the price for Product A? . What is the price for product B? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U S Paragraph V Arial V 10pt V & no Qs E E E X X 2
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