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A Monopolist Faces Inverse Demand P=3002QP = 300 - 2 Q

Question 81

Multiple Choice

A monopolist faces inverse demand P=3002QP = 300 - 2 Q The monopolist's marginal revenue function is:


A) MR=3002QM R = 300 - 2 Q
B) MR=300QM R = 300 - Q
C) MR=3004QM R = 300 - 4 Q
D) MR=300Q2M R = \frac { 300 } { Q } - 2

Correct Answer:

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