Kate P.

asked • 11/04/23

What is the marginal cost curve? What is the inverse demand function? What is the total revenue function?

A monopolist faces a cost function equal to  


C(Q) = 6Q


and a demand function of 


QD(P) = 200 - P/3


What is the marginal cost curve?

What is the inverse demand function?

What is the total revenue function?

1 Expert Answer

By:

Travis K. answered • 12/18/23

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