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The "Q" in 100Q money refers to "quanta," which is a measure of value or currency. In some contexts, it can also represent the concept of quantifying money in a digital or blockchain format. The term is often used in discussions about alternative currencies or digital assets.

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2mo ago

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Why MR curve is always half of demand curve explain graphically?

Marginal Revenue is the derivate (rate of change) of total revenue. Total revenue is = Price x Quantity. For instance, if the demand curve was Q = 100 - P, find the inverse demand (P = 100 - Q). Total Revenue = 100Q-Q^2Therefore marginal revenue is the derivative of 100Q - Q^2.MR = 100 - 2Q (thus twice the negative slope).In short: inverse demand x Q, find the derivative.Source(s):Microeconomic Theory Class


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