Calculate price quantity total revenue and marginal revenue, Microeconomics

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Calculate price quantity total revenue and marginal revenue

Problem

The demand for boobles can be written as: Q = 11,000 - 8P.

Calculate the price, quantity, total revenue and marginal revenue when the elasticity of demand = -2.2.

Calculate the price, quantity, total revenue and elasticity of demand when MR = $60.

Calculate the price and quantity at which total revenue is a maximum. What is maximum revenue?

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.

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Microeconomics: Calculate price quantity total revenue and marginal revenue

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Microeconomics: Calculate price quantity total revenue and marginal revenue

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