If the demand curve for a firm's output is P=100-5Q, the marginal revenue curve will be

Name: If the demand curve for a firm's output is P=100-5Q, the marginal revenue curve will be
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Question

Quizplus · Accepted Answer

The marginal revenue (MR) curve for a linear demand curve, such as P = 100 - 5Q, is derived by doubling the slope of the demand curve. Therefore, if the demand curve is P = 100 - 5Q, the MR curve will have the same intercept but twice the slope, resulting in MR = 100 - 10Q.

If the Demand Curve for a Firm's Output Is P=100-5Q