Ritu Asked a Question
May 23, 2020 4:18 pmpts 30 pts
Question Given the demand function: MCQ Q=, where symbols have their usual meaning, at which price, the elasticity of demand would be unity? (January Paper-2) ChoiceS CHOICE (4) RESPONSE 5 a. b. 20 C. 10 d. All a. , b. and c. are correct
  • 1 Answer(s)
  • Shares
  • Nidhi taparia
    Was this answer helpful?
    Likes(0) Reply(0)
  • Nidhi taparia Best Answer
    The answer is option (d) All other options are correct. Please refer to the images for the calculation. As a matter of fact, in this kind of a demand function, price elasticity of...
    Show more
    • cropped4385156819781092554.jpg
    Likes(0) Reply(0)
Head Office :
MPA 44, 2nd floor, Rangbari Main Road,
Mahaveer Nagar II, Kota (Raj.) – 324005

Corporate Office:
212, F-1, 2nd Floor, Evershine Tower,
Amrapali Marg,
Vaishali Nagar, Jaipur (Raj.) – 302021

Mail: info@eduncle.com
All Rights Reserved © Eduncle.com