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A Monopolist Faces Inverse Demand P = a - BQ MR=abQM R = a - b Q

Question 68

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A monopolist faces inverse demand P = a - bQ. The monopolist's marginal revenue function is:


A) MR=abQM R = a - b Q .
B) MR=aQM R = a - Q .
C) MR=a2bQM R = a - 2 b Q .
D) MR=a/QbM R = a / Q - b .

Correct Answer:

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