Calculate the demand function for the drug

Reference no: EM133498100

Quesiton Pretend you are working as a consultant for Drugs 'R Us. They hired you to determine their optimal price and quantity of their new drug. You calculate the demand function forthe drug to be:P = 100 - 0.05Q. From the demand function, you get that the marginalrevenue is: MR = 100 - 0.1Q. According to the accountants

Reference no: EM133498100

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