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Optimal pricing question

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

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June 1, 2016 at 9:26 pm #318743
Candy
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BPP June 2015.

Question 19.1

Dear John,

I am having trouble identifying where they have derived Q = 3000 in answer for Marginal revenue.

The explanation goes on to find optimal profit using this 3000, but I cannot see where they got it from

Can you please break this down for me?

Your help will be very much appreciated.
June 2, 2016 at 5:44 am #318781
John Moffat
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I only have the current edition of the Revision Kit, and there is no question 19.1
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