30 points
>
Time management is very much important in IIT JAM. The eduncle test series for IIT JAM Mathematical Statistics helped me a lot in this portion. I am very thankful to the test series I bought from eduncle.
Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
- UGC NET
- Economics
21. when the elasticity of demand is unity, marginal revenue is always (1) positive (2) negative (3) zero (4) not known (2) fitf4 (3) (4) t i 22 in practice the
21. When the elasticity of demand is unity, marginal revenue is always (1) Positive (2) Negative (3) Zero (4) Not known (2) FITF4 (3) (4) T i 22 In practice the reward paid to a factor depends upon (1) lts productivity and the price of the product it makes (2) Value of its output minus profit tax (3) General directives of the government (4) Its cost and thc price of the product it makes (2) 3H 3FYIEA aT6(-) aT 23. When VMP,> MRP,>P, we have (1) Monopolistic exploitation (2) Monopsonistic exploitation (3) Both monopolistic and monopsonistic exploitation y Neither type of exploitation r sou
1 Answer(s)
Answer Now
- 0 Likes
- 1 Comments
- 0 Shares
-
![comment-profile-img]()
>
Do You Want Better RANK in Your Exam?
Start Your Preparations with Eduncle’s FREE Study Material
- Updated Syllabus, Paper Pattern & Full Exam Details
- Sample Theory of Most Important Topic
- Model Test Paper with Detailed Solutions
- Last 5 Years Question Papers & Answers
Sign Up to Download FREE Study Material Worth Rs. 500/-
Nidhi taparia Best Answer
21. When demand elasticity is unity, MR is always zero. The attached image will show you a graph that proves when elasticity of demand or AR curve is unity, MR becomes zero.