Problem
Suppose that the market demand curve is given by Q =100 - 5P.
a) What is the inverse market demand curve?
b) What is the average revenue function for a monopolist in this market?
c) What is the marginal revenue function that corresponds to this demand curve?
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.