What Is the Marginal Revenue [MR] Equation for a Firm

question 1

Multiple Choice

What is the marginal revenue [MR] equation for a firm with the demand function P = a - bQ,where P = price and Q = quantity?

• A)MR = b - Q
• B)MR = a - 2bQ
• C)MR = a + 2Q
• D)MR = 2Q
• E)MR = 2a + Q

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