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At what quantity is mr 0 what is the own-price elasticity

A monopolist for a specialized product faces a market demand curve of P = 5000 - 4Q.

a. Derive the marginal revenue equation based on this linear demand curve. Draw the demand line and MR line on one graph.

b. At what quantity is MR = 0? What is the own-price elasticity of demand at this quantity?

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Business Management: At what quantity is mr 0 what is the own-price elasticity

Reference No:- TGS02446179

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