espnclassic posted on the forum topic [POLL] December 2010 Paper F7 Exam Results / Genius Hunt in the group F7 Financial Reporting: 3 years, 1 month ago
Passed! Cheers Open Tuition
Keep up the great work.
It’s 0.5 because you have to differentiate the equation TR = 760X – 0.25X (squared).
So MR = 760 – (0.25 times 2) X
So generally If TR = aX -bX (squared)
Then MR = a – 2bX