Question: 2 - Question 1 (1 point) If the demand function is Q = 300 - 6P, then Total Revenue function is ______ (hint: you will

2 - Question 1 (1 point)

If the demand function is Q = 300 - 6P, then Total Revenue function is ______ (hint: you will first need to find the "Inverse Demand Function with P on the left-hand side).

Question 1 options:

a)

TR = 50Q - 5Q2/300

b)

TR = 5Q - Q2/50

c)

TR = 300Q - 6Q2

d)

TR = 50Q - Q2/6

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