Solved

A Firm with Two Plants,A and B,has the Following Estimated

Question 65

Multiple Choice

A firm with two plants,A and B,has the following estimated demand and marginal cost functions: A firm with two plants,A and B,has the following estimated demand and marginal cost functions:   What is the firm's marginal revenue function? A) MR = 12 - 1/5) P B) MR = 12 -1/5) Q C) MR = 120 - 20P D) MR = 120 - 20Q E) none of the above What is the firm's marginal revenue function?


A) MR = 12 - 1/5) P
B) MR = 12 -1/5) Q
C) MR = 120 - 20P
D) MR = 120 - 20Q
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions