Question
I know that in monopoly marginal revenue can be calculated as (dP (Q) / dQ) * Q + P (Q), where P (Q) is the
I know that in monopoly marginal revenue can be calculated as (dP (Q) / dQ) * Q + P (Q), where P (Q) is the inverse demand curve. Can this formula also be applied in the case of oligopoly to calculate marginal revenue?
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
