(Answered) A demand function is defined as follows qd 600 -15px solve

Management Studies

A demand function is defined as follows: QD = 600 -1.5PX Solve for PX? Multiply Px by Q to get total revenue. Take the derivative of TR with respect to Q to get marginal revenue (MR). When Q = 0, what is PX? When MR=0, what is Q? Plot the demand, MR, and TR curves in two vertical graphs.

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