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Answer to Question #215525 in Macroeconomics for Annie

Question #215525

If P= 100Q+2 then find Marginal Revenue


1
Expert's answer
2021-07-12T06:25:01-0400

P"="100Q"+" 2 is the linear demand curve in inverse form

MR curve will be twice the slope of demand curve

MR"=" 200Q"+" 2


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