Question
Assuming the inverse demand function for good Z can be written as P = 90 - 3Q, when Q is equal to 5, average revenue and marginal revenue are equal to ________ and ________.
Choose one answer.
a. $75; $75.
b. $75; $60.
c. $60; $60.
d. $85; $85.
Choose one answer.
a. $75; $75.
b. $75; $60.
c. $60; $60.
d. $85; $85.
Answers
Bot
b. $75; $60.