Business Economics

1: At elasticity of one, marginal revenue is equal to

A.	one
B.	zero
C.	infinity
D.	none
	Answer : B Explanation : If elasticity of demand is equal to one or E = 1, in that case MR = 0. If E > 1, in that case MR will be positive. Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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