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Suppose a company demands function is Qd=220-5p a. At what quantity is the company total revenue maximized? b. What is the company's maximum total revenue? c. what is the company marginal revenue when its total revenue is maximized? d.What is the company price elasticity of demand at the output where its total revenue is maximized?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91720571

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