New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    If the total revenue from sales of X is given

    by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
    A 1 Correct Answer Incorrect Answer
    B -1.5 Correct Answer Incorrect Answer
    C -2 Correct Answer Incorrect Answer
    D 2.5 Correct Answer Incorrect Answer

    Solution

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