What is the inverse demand equation of this function: Q=39.057-2.461P (Solve for P) Should be in this
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Question:
- What is the inverse demand equation of this function: Q=39.057-2.461P (Solve for P) Should be in this form-P=a-bQ
- Using the inverse demand function what is the Marginal Revenue equation in the form of MR=a-2bQ (setting MR=0) what is Q equal to?
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