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Please explain this question step by step? I do not understand how the answer came to be 1/2 a -4bQ Question: What is the Monopolistic
Please explain this question step by step? I do not understand how the answer came to be 1/2 a -4bQ
Question:
What is the Monopolistic firm's Marginal Revenue Function If the inverse demand function for its product
is: p = (1/2)a - 2bQ?
Select one:
a. (1/2)a - 4bQ
b. -2b
c. a-bQ
d. a
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