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Choose the correct option.
The demand function of a monopolist is given by . The quantity at which will be:
The demand function of a monopolist is given by $x = 100 - 4p$. The quantity at which $\text{MR} = 0$ will be:
- (a)25
- (b)10
- (c)50
- (d)30
Answer
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From ISC 2021 Specimen Mathematics Paper 1, question 19(i).