Question: Given that the inverse demand function is () = b(Q) + (/2)2 , derive the marginal revenue function. Compare the corresponding marginal revenue curve to

Given that the inverse demand function is () = b(Q) + (/2)2 , derive the marginal revenue function. Compare the corresponding marginal revenue curve to the linear one (where c = 0) and show how its curvature depends on whether c is positive or negative.

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