If the demand curve for a monopolist is P = 100 -20Q, then the marginal revenue of that firm is given by the equation:

Related MCQs

• If the demand facing a monopolist is P = 100 − 10Q and marginal cost is constant at 20, then the profit maximizing price and quantity for this monopolist are:
• In the short run, a monopolist will shut down if it is producing a level of output where marginal revenue is equal to short-run marginal cost and price is:
• When the total revenue functions is R = 100−X2, the marginal revenue is :
• A price discriminating Monopolist is considered more efficient than a single prices monopolist because:
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• P = a – bQ is the demand cure of a monopolist. Which of the following statements is true?
• The market demand curve for a perfectly competitive industry is QD = 12 - 2P. The market supply curve is QS = 3 + P. The market will be in equilibrium if:
• In a monopoly, marginal revenue is: