Aq change in quantity ie. (q-9,) ap-change in price i.e. (p - p) ing relationship between ar, mr and elasticity of demand! the relationship between ar, mr and e

AQ Change in quantity ie. (Q-9,) AP-Change in price i.e. (P - P) ing Relationship between AR, MR and Elasticity of Demand! The relationship between AR, MR and elasticity of demand is very useful at any level ot output. E M Now wth these formulae, we can calculate MR at any level of output if AR elasticity of demand at the same output level is given: ) If E= 1, in that case MR= 0. M-A A M (0) = 0 i) If E = 2, in that case MR=(AR) M A