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Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the question. P 50 LTR .E 10,500
Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the question. P 50 LTR .E 10,500 5 w B s E g = - & 5 2 @ 4,500 Total Revenue Demand w 2 Q 0 1,000 0 100 Quantity 700 The marginal revenue of the 700th unitis $ and demand is at this point.
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