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Find the Elasticity of Demand If the Marginal Revenue is ₹ 50 and Price is ₹ 75. - Mathematics and Statistics

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प्रश्न

Find the elasticity of demand if the marginal revenue is ₹ 50 and price is ₹ 75.

योग

उत्तर

Marginal revenue Rm = 50 Price P = 75.

We have   Rm = `"p"(1-1/eta)`

Pm + `"P"/eta = "P"`

`"P"/eta =`P = Rm

= 75 - 50

= 25

`therefore eta="P"/25`

`therefore eta=75/25`

∴ η = 3

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2014-2015 (October)

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