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Author Question: The relationship between marginal revenue and elasticity is (Read 71 times)

Caiter2013

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on: May 24, 2019
The relationship between marginal revenue and elasticity is
◦ when demand is elastic, marginal revenue is positive and when demand is inelastic, marginal revenue is negative.
◦ whenever the elasticity is positive, marginal revenue is positive.
◦ whenever the elasticity is negative, marginal revenue is positive.
◦ when demand is elastic, marginal revenue is negative and when demand is inelastic, marginal revenue is positive.
◦ that total revenue equals zero at the quantity for which the demand is unit elastic.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Caiter2013 on May 24, 2019

xMRAZ

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Caiter2013

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

nanny

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Reply 3 on: Yesterday
Excellent

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