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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Environmental Economics and Management Theory, Policy and Applications
Authors: Scott J. Callan, Janet M. Thomas
6th edition
1111826673, 1111826676, 1439080634, 1439080631, 9781285528540 , 978-1111826673
