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The demand function of a commodity x is ...

The demand function of a commodity x is `Q_(x)=12-P_(x)` (where `Q_(x)` = the quantity demanded of a commodity x and `P_(x)` = price of the commodity x). Derive the TR and MR schedules when the price of commodity varies from ₹ 12 to ₹ 1.

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Putting the various values of price from ₹ 12 to ₹ 1 in `Q_(x)= 12-P_(x)`, we get the corresponding values of the quantities demanded.
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