Shibani mishra Asked a Question
February 24, 2021 7:47 pmpts 30 pts
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
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  • Ravindra nath mahto thankyou
    Read the given solution and if still any doubt arises you can call me.
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