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If a Firm's Demand Function Is of the Form P

Question 11

Multiple Choice

If a firm's demand function is of the form P = a - bQ, what is its marginal revenue equation?

A) MR = a - Q
B) MR = a - 2bQ
C) MR = a - 2Q
D) MR = a - 2b
E) MR = a + 2bQ

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