Question: 14. Use the figure in question 5 to answer the following: a. The equation for marginal revenue is MR- b. MR crosses the price-axis at

14. Use the figure in question 5 to answer the following: a. The equation for marginal revenue is MR- b. MR crosses the price-axis at P-$ If MR is elastic. If MR is unitary elastic. If MR is inelastic. (rising, falling, zero, positive, negative), then demand is (rising, falling, zero, positive, negative), then demand is (rising, falling, zero, positive, negative), then demand is d. e. 50 42 Demand 15 10 Q, (":5% 3.250 37-S LI 5,000 6,250 750 .667

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