If MC = Q/15 represents marginal cost for a monopolist and market demand is given by Qd = 500 - 10P, the equation for marginal revenue is:
A. MR = 50 - (1/10)Q.
B. MR = 50Q - (1/5)Q2.
C. MR = 50Q - (1/10)Q2.
D. MR = 50 - (1/5)Q.
Answer: D
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