Subjective Questions on Consider a linear demand function q a bp where q quantity demanded p price per unit and a b gt 0 Fin........... for Indian Economic Service Preparation

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Subjective Questions

Consider a linear demand function q a bp where q quantity demanded p price per unit and a b gt 0 Fin...........

Economics-I Theory of Consumer’s Demand
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    Consider a linear demand function q = a - bp, where q = quantity demanded, p. = price per unit and a, b > 0., Find out the average and the marginal revenue and .draw the diagram. (50 words) (5 Marks)

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