Home

If we measure the elasticity of demand with the help of the average and marginal revenue, the formula is:

A. Ed = AR/ (AR- MR)

B. Ed = MR/ (AR-MR)

C. Ed = AR/(MR-AR)

D. Ed = AR/ MR

Study and Earn Android App
Share this question with your friends

Correct Answer : A.


Please do not use chat terms. Example: avoid using "grt" instead of "great".

Submit
Load More..

Also checkout

Nervous System MCQ Profit and Loss MCQ Building Materials MCQ Hydraulics & Fluid Machineries MCQ Nuclear Physics MCQ Microsoft Access MCQ Transmission of Heat MCQ Senile enlargement of the prostate MCQ Rearrangement Set 2 MCQ Angiosperms (Taxonomy and Classification) MCQ Fungi and Lichens MCQ Phylum - Platyhelminthes MCQ