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What is the greatest value that the revenue function

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Reference no: EM132319575

Suppose that P (Q) = a + bQ is a downward sloping linear demand curve. Define the revenue function as R(Q) = P(Q).Q. Use calculus to findR′(Q) and find the value of Q where R′(Q) = 0. Show what this means in a graph. What is the greatest value that the revenue function can take?

Reference no: EM132319575

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