Suppose the marginal revenue mr function of a monopolist is


Suppose the marginal revenue (MR) function of a monopolist is 5000-0.25Q, what is the profit maximizing price and quantity? Show or identify the demand, marginal revenue and total revenue curves. State the maximum amount of total revenue—in US dollars—that can be derived.

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Business Economics: Suppose the marginal revenue mr function of a monopolist is
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