Question
the demand curve for product a is given as Q =120010 P . 8.1 Write equations for total revenue and marginal revenue. (in terms of
the demand curve for product a is given as Q=120010P.
8.1 Write equations for total revenue and marginal revenue. (in terms of Q )
8.2 What will be the total revenue at a price of $100 ? What will be the marginal revenue, and point elasticity be now?
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Principles of Macroeconomics
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
12th edition
134078802, 978-0134078809
