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    Exam 7: Market Structures and Pricing Strategies
  5. Question
    If the Demand Curve for a Monopolist Is P =
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If the Demand Curve for a Monopolist Is P =

Question 5

Question 5

Multiple Choice

If the demand curve for a monopolist is P = 100 -20Q, then the marginal revenue of that firm is given by the equation:


A) MR = 200 ? 20Q
B) MR = 50 ? 40Q
C) MR = 100 ? 20Q
D) MR = 100 ? 40Q

Correct Answer:

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