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

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Question:

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

A.

MR = 200 − 20Q

B.

MR = 50 − 40Q

C.

MR = 100 − 20Q

D.

MR = 100 − 40Q

Answer» d. MR = 100 − 40Q

Note: The above multiple-choice question is for all general and Competitive Exams in India.