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You are a monopolist and your inverse demand curve and cost function are the following: P = 90- (3Q/2) TC(Q) = 400Q + [(Q^3)/2] The
You are a monopolist and your inverse demand curve and cost function are the following:
P = 90- (3Q/2)
TC(Q) = 400Q + [(Q^3)/2]
The MR (Marginal Revenue) is:
Select one:
a. 3Q
b. 90 - 3Q
c. (3/2)Q
d. 90Q
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Intermediate Microeconomics
Authors: Hal R. Varian
8th edition
393934241, 978-0393934243
