Given an inverse demand curve P = 6 - 1/2q, total revenue is = a.(6 - 1/2q)
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Question:
Given an inverse demand curve P = 6 - 1/2q, total revenue is =
a.(6 - 1/2q) / q
b.6q - 1/2q2
c.6q - q2
d.none of the above
8.Given an inverse demand curve P = 6 - 1/2q, MR =
a.6q - 1/2q2
b.6 - q
c.6q - q2
d.none of above
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