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Suppose a Firm Faces the Demand Curve Q = 16P^-2

Question 13

Question 13

Multiple Choice

Suppose a firm faces the demand curve Q = 16P^-2. The marginal revenue for the firm is MR(Q) = ____.

A) Q^-0.5
B) Q^0.5
C) 2Q^-0.5
D) 2Q^0.5

Correct Answer:

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