Answer to Question #291653 in Economics for Sheetu

Question #291653

If the Demand function is P=10-3q than what will be the total revenue at q=3

Expert's answer

If the Demand function is P = 10 - 3q, then the total revenue at q = 3 is:

"TR = P\u00d7q = (10 - 3\u00d73)\u00d73 = 3."

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