Suppose that a .rm faces

Suppose that a .rm faces

Suppose that a .rm faces a demand curve that has a constant elasticityof -2. This demand curve is given by q = 256/P^. Suppose also that the.rm has a marginal cost curve of the form MC = 0.001q.a) Graph these demand and marginal cost curves.b) Calculate the marginal revenue curve associated with the demandcurve; graph the curve.c) At what output level does marginal revenue equal marginal cost?

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