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2. Calculating Marginal Revenue From a Linear Dema... - Chegg.comحل شيق
2. Calculating Marginal Revenue From a Linear Dema... - Chegg.comحل شيق
2. Calculating Marginal Revenue From a Linear Dema... - Chegg.comحل شيق
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Expert Answer
When Q = 0, P = 200 = a
When Q = 20, P = 0.
0 = 200 - 20b
20b = 200
b = 10
(1)
Data table:
Q P TR
0 200 0
4 160 640
8 120 960
10 100 1000
12 80 960
16 40 640
20 0 0
Graph:
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(2)
(2)
Data table:
Q MR
0 200
4 120
8 40
10 0
12 -40
16 -120
20 -200
Graph:
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(4)
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Q: 2. Calculating marginal revenue from a linear demand curve The blue curve on the following graph represents the
demand curve facing a firm that can set its own prices Use the graph input tool to help you answer the following
questions. You will not be graded on any changes you make to this graph Note: Once you enter a value in a white
field, the graph and any corresponding amounts...
Q: 2. Calculating marginal revenue from a linear demand curve The blue curve on the following graph represents the
demand curve facing a firm that can set its own prices. Use the graph input tool to help you answer the following
questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white
field, the graph and any corresponding amounts...
Show more
Q: 2. Calculating marginal revenue from a linear demand curve The blue curve on the following graph represents the
demand curve facing a firm that can set its own prices. Use the graph input tool to help you answer the following
questions. You will not be graded on any changes you make to this graph Note: Once you enter a value in a white
field, the graph and any corresponding amounts...
Q: The blue curve on the following graph represents the demand curve facing a firm that can set its own prices. Use the
graph input tool to help you answer the following questions. You will not be graded on any changes you make to this
graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will
change accordingly. Graph Input...
A: See answer
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