Assume that a demand equation is given by q equals 4000 minus 100 p q=4000-100p. Find the marginal revenue for the given production levels? (values of? q). (Hint: Solve the demand equation for p and use Upper R left parenthesis q right parenthesis equals qp
R(q)=qp?.)
looking for marginal revenue at 500, 2000 and 4000 units
How would I set up my formula?