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5. Answer the following questions: (a) Given the marginal-revenue function R'(Q)= 28Q-30, find the total-revenue functio
Posted: Thu May 05, 2022 6:33 pm
by answerhappygod
- 5 Answer The Following Questions A Given The Marginal Revenue Function R Q 28q 30 Find The Total Revenue Functio 1 (12.23 KiB) Viewed 33 times
5. Answer the following questions: (a) Given the marginal-revenue function R'(Q)= 28Q-30, find the total-revenue function R(Q). What initial condition can you introduce to definitize the constant of integration? (b) Given the marginal propensity to consume C'(Y) = 0.8 +0.1Y-1/2 and the information that C=Y when Y = 100, find the consumption function C(Y).