Problem
Suppose that Noah and Naomi have a monopoly in the garden bench market. Their weekly demand is D(P) = 500 - 4P. What is their marginal revenue when they sell 100 garden benches a week? Graph their inverse demand and marginal revenue curves.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.