A demand function is p = 600 - 3q, where q is the quantity of the goods sold for price $p

A) Find an expression for the total revenue, R, in terms of q.

B)Find the marginal revenue, MR.

C) Find the quantity that maximizes revenue.

- Nov 24th 2009, 09:43 AMcgillenNeed Help, demand function, total revenue, marginal revenue, maximum revenue
A demand function is p = 600 - 3q, where q is the quantity of the goods sold for price $p

A) Find an expression for the total revenue, R, in terms of q.

B)Find the marginal revenue, MR.

C) Find the quantity that maximizes revenue. - Nov 24th 2009, 12:43 PMJameson