If the Monopolist's Demand Is Given by P = 100

question 202

Multiple Choice

If the monopolist's demand is given by P = 100 - Q, marginal revenue is given by:

• A) MR = 100 - 2Q.
• B) MR = 100 - Q.
• C) MR = 100Q.
• D) MR = 100Q - Q².

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Definitions:

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