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Assuming the Inverse Demand Function for Good Z Can Be

Question 41

Multiple Choice

Assuming the inverse demand function for good Z can be written as P = 90 - 3Q, when Q is equal to 5, average revenue and marginal revenue are equal to and .


A) $75; $75.
B) $85; $85.
C) $75; $60.
D) $60; $60.

Correct Answer:

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