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What is the equation of marginal revenue curve

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Assume your firm has a monopoly in a particular market. You can produce at constant marginal cost of MC = 50 for every additional unit you produce. You have avoidable fixed costs of $6,000 per year. You face a market demand curve given by Q = 540-P, where Q is the number of units sold per year, and P is the price per unit. What is the equation of your marginal revenue curve?

Reference no: EM132246768

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