Marginal revenue function

Assignment Help Business Economics

Reference no: EM13774150

If demand is estimated to be Qd = 240 - 6P, the marginal revenue function is

1). MR = 40 -0.33Q

2). MR = 240 -2Q

3). MR = 40 - 2P

4). MR = 240 -12P

5). MR = 240 - 6P

Reference no: EM13774150

Questions Cloud

Categories for placing under the gate in a fault tree : If you want to make a fault tree for this, what text would you put in the top event box? What type of gate would you put in the top event box?

Outline the differences between active and passive policy : Outline the differences between active and passive policy and explain how the two approaches differed in their assumptions about how well the economy works on its own.

Professional communication cultural sensitivity guide : For this assignment, consult the "Professional Communication Cultural Sensitivity Guide."

Do you agree with the states decision : Why did the state change the case from medical malpractice to tort law? Do you agree with the state's decision? Why or why not

Marginal revenue function : If demand is estimated to be Qd = 240 - 6P, the marginal revenue function is

One nation to another benefit developing nations : Do you know where your food comes from? Throughout history, self-sufficiency has been the norm for acquiring food such as grains, meats, fruits, and vegetables. People and nations grew their own food and traded only on a local level.

Write a research paper about bullying in high school : Write a research paper about "Bullying in High School".

List and briefly describe the reasons project management is : List and briefly describe the reasons project management is on the rise.

What impact will free trade have on economic growth : Say you owe money to Big River Bank. Will you gain or lose from an unanticipated decrease in inflation? How could inflation make people turn to exchange by barter? What impact will free trade have on economic growth?

User Account

All Pages