Question: Demand function is 20 100 P Q Fixed Cost = RM150 Variable Costs are 50 4 Q per unit Find expressions for (i) TR and
Demand function is
20
100 P
Q
Fixed Cost = RM150
Variable Costs are
50
4
Q
per unit
Find expressions for
(i) TR and MR in terms of Q
(ii) TC and MC in terms of Q
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