Mathematics, 17.01.2020 22:31 Damagingawsomeness2
Assume that a demand equation is giben by q = 7000-100p. find the marginal revenue for the given production levels (levels of q). (hint: solve the demand equation for p and use r(q) = qp)
a. 1500 units (simplify answer)
b. 3500 units (simplify answer)
c. 6500 units (simplify answer)
Answers: 1
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Assume that a demand equation is giben by q = 7000-100p. find the marginal revenue for the given pro...
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