Variables also spell out the assumptions

Reference no: EM1326792

Total revenue exceeds peak
I know that when Total Revenue reaches its peak (TR=1), then the Marginal Revenue =0, but when Total Revenue exceeds its peak, what does the Marginal Revenue reach?

Maximize wealth of stockholders
Discuss the meaning of P = D/k. Identify the variables and spell out the assumptions related to the use of this "securities price" formula or model.

Reference no: EM1326792

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