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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

The elasticity of demand for the demand function x = p1p is: - Business Mathematics and Statistics

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Question

The elasticity of demand for the demand function x = `1/"p"` is:

Options

  • 0

  • 1

  • `-1/"p"`

MCQ

Solution

1

shaalaa.com
Applications of Differentiation in Business and Economics
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Chapter 6: Applications of Differentiation - Exercise 6.6 [Page 155]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 6 Applications of Differentiation
Exercise 6.6 | Q 5 | Page 155
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