What does the marginal revenue reach
Problem: I know that when Total Revenue reaches its peak (TR=1), then the Marginal Revenue =0, but when Total Revenue exceeds its peak, what does the Marginal Revenue reach?
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I know that when Total Revenue reaches its peak (TR=1), then the Marginal Revenue =0, but when Total Revenue exceeds its peak, what does the Marginal Revenue reach?
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Suggest some alternative or complementary strategies that Control Data might have used to deal with the problem. How would your strategy work in the short-run versus the long-run? Who would benefit and who would be harmed?
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