(a) Suppose the market demand function for a good which is the firm's demand function, with monopoly is given by q 5p 1000, find the total revenue function and the point of maximum (5) (b) Given above what is the possible function for the average revenue (2) (a) Suppose the market demand function ...

a To find the total revenue function and the point of maximum we need to recall the relationshi ...

(a) Suppose the market demand function for a good which is the firm's demand function, with...

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Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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(a) Suppose the market demand function for a good which is the firm's demand function, with...

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Intermediate Microeconomics

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