Question
What is the marginal revenue [MR] equation for a firm with the inverse demand function P = a - bQ? a) MR = b -
What is the marginal revenue [MR] equation for a firm with the inverse demand function P = a - bQ? a) MR = b - Q b) MR = a - 2bQ c) MR = a + 2Q d) MR = 2Q e) MR = 2a + Q
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Macroeconomics
Authors: David Colander
8th edition
978-0078004407, 78004403, 978-0077247171, 77247175, 978-0077307110
