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    Managerial Economics Foundations
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    Exam 6: Elasticity and Demand
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    Refer to the Following Figure
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Refer to the Following Figure

Question 31

Question 31

Multiple Choice

Refer to the following figure.What is the equation for marginal revenue? Refer to the following figure.What is the equation for marginal revenue?   A) MR = 4,000- 0.005P B) MR = 4,000-200Q C) MR = 4,000 -200P D) MR = 20 -0.01Q E) MR = 20 -200Q


A) MR = 4,000- 0.005P
B) MR = 4,000-200Q
C) MR = 4,000 -200P
D) MR = 20 -0.01Q
E) MR = 20 -200Q

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