Multiple Choice
What is the marginal revenue [MR] equation for a firm with the demand function P = a - bQ,where P = price and Q = quantity?
A) MR = b - Q
B) MR = a - 2bQ
C) MR = a + 2Q
D) MR = 2Q
E) MR = 2a + Q
Correct Answer:
Verified
Correct Answer:
Verified
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