The demand curve is determined to be q526-2pa find the, Ask an Expert

Economics

The demand curve is determined to be: Q=526-2P

a. Find the total revenue function.

b. Find the marginal revenue function.

c. Graph the total revenue and marginal functions.

d. At what price will total revenue be maximized, and what is the value of revenue at this point.

e. Identify the elastic and inelastic regions of the demand curve.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91407909

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