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प्रश्न
State whether the following statement is True or False:
If the marginal revenue is 50 and the price is ₹ 75, then elasticity of demand is 4
पर्याय
True
False
उत्तर
False
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संबंधित प्रश्न
Find the elasticity of demand, if the marginal revenue is 50 and price is Rs 75.
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Fill in the blank:
A road of 108 m length is bent to form a rectangle. If the area of the rectangle is maximum, then its dimensions are _______.
If the marginal revenue is 28 and elasticity of demand is 3, then the price is ______.
If the elasticity of demand η = 1, then demand is ______.
Complete the following activity to find MPC, MPS, APC and APS, if the expenditure Ec of a person with income I is given as:
Ec = (0.0003)I2 + (0.075)I2
when I = 1000
If 0 < η < 1 then the demand is ______.
