Multiple Choice
A firm with two plants,A and B,has the following estimated demand and marginal cost functions: What is the firm's marginal revenue function?
A) MR = 12 -(1/5) P
B) MR = 12 - (1/5) Q
C) MR = 120 - 20P
D) MR = 120 - 20Q
E) none of the above
Correct Answer:
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