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Suppose a firm's demand curve is p = 225 - 5q. Derive the the firm's revenue function. One of the quantity axis intercepts is 0.
- Suppose a firm's demand curve is p = 225 - 5q. Derive the the firm's revenue function. One of the quantity axis intercepts is 0. What is the other intercept?
- Suppose a firm's demand curve isp=240- 3q. Derive the the firm's revenue function. What quantity maximizes revenue?
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