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What is the inverse demand equation of this function: Q=39.057-2.461P (Solve for P) Should be in this form-P=a-bQ Using the inverse demand function what is
- What is the inverse demand equation of this function: Q=39.057-2.461P (Solve for P) Should be in this form-P=a-bQ
- Using the inverse demand function what is the Marginal Revenue equation in the form of MR=a-2bQ (setting MR=0) what is Q equal to?
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
