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    Equation for MR curve

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    The kinked demand curve in an oligopolistic market is defined by the equations: P = 140 - 0.5Q, and
    P = 200 - 2Q.
    a) Derive equations for the marginal revenue curves.
    b) Determine the price and quantity at the "kink" of the demand curve.

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    https://brainmass.com/economics/cost-benefit-analysis/equation-mr-curve-178320

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    The kinked demand curve in an oligopolistic market is defined by the equations: P = 140 - 0.5Q, and P = 200 - 2Q.
    a) Derive equations for the ...

    Solution Summary

    The expert examines equations for MR curves in oligopolistic markets.

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