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(b) If the demand curve for a firm ABC for item A is given by: QA...

(b) If the demand curve for a firm ABC for item A is given by: QA = 600 – 1.2 Pa , then*: i. At what quantity & price value will the firm maximize TR or total revenue? ii. What is the maximum TR that can be achieved by the firm on this demand curve? iii. What is the MR or marginal revenue at this point?

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