If the (inverse) demand function for a monopoly's product is: p=121-5q then the firm's marginal revenue function

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If the (inverse) demand function for a monopoly's product is: p=121-5q then the firm's marginal revenue function is

a. MR= 121-5q

b. MR= 121-10q

c. MR= 605-q

d. MR=242-10q

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Posted Date: Nov 14, 2022 04:09 AM

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If the (inverse) demand function for a monopoly's product is: p=121-5q then the firm's marginal revenue function

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