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15-02-2024
Business

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A monopolist has identified two market segments with demand functions: D1(y1) = 10 - y1 and D2(y2) = 20 - y2. What are the marginal revenue functions for each of these two segments? Choose the correct option:

a) MR1(y1) = 10 - 2y1
b) MR1(y1) = 10 - y1
c) MR2(y2) = 20 - 2y2
d) MR2(y2) = 20 - y2

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