You are the manager of a monopoly firm with (inverse) demand given by P = 50 − 0.5Q. Your firm's cost function is C = 40 + 5Q2. Your firm's marginal revenue is:
Select one:
a. P = 50 − 0.5Q.
b. P = 100 − Q.
c. P = 50 − Q.
d. There is insufficient information to determine the firm's marginal revenue.