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The total revenue and total cost function that faces firm A are: TR=30Q TC=100+5Q+0.02Q^2 (Note: Q^2 is q-squared) What is Firm's A marginal revenue (MR)?
The total revenue and total cost function that faces firm A are:
TR=30Q
TC=100+5Q+0.02Q^2 (Note: Q^2 is q-squared)
What is Firm's A marginal revenue (MR)?
Select one:
a.
30
b.
300Q
c.
3Q
d.
30Q
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Microeconomics Theory And Applications With Calculus
Authors: Jeffrey M. Perloff
4th Edition
134167384, 134167381, 978-0134167381
