[Solved] Questions 94 Through 98 Refer to the Following

Question 94
Multiple Choice

Questions 94 through 98 refer to the following. A firm with two plants, A and B, has the following estimated demand and marginal cost functions: img -What is the firm's marginal revenue function?

A) MR = 12 (1/5)P
B) MR = 12 (1/5)Q
C) MR = 120 - 20P
D) MR = 120 20Q
E) none of the above

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