Nachiket Gharat Asked a Question
August 9, 2020 11:46 ampts 30 pts
Statement-I: A rectangular hyperbola shaped demand curve has uniform slopes on all its points Statement-II : If the price elasticity is equal to unity, the marginal revenue corresponds 49. to zero. Codes (A) (B) ( (D) Both the statements are correct. Both the statemernts are incorrect. Statement-I is correct while Statement-II is incorrect. Statement-I is incorrect while Statement-Il is correct.
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  • Priya gulani thankyou
    Option d is correct See the attachments you can see the curve of the demand curve.
    • cropped663771435314903253.jpg
    • cropped1908289548367354747.jpg
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  • Prajapati priyankaben kanubuai
    B
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  • Nachiket Gharat
    which one is right option B or Option D
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  • Lekshmi c nair
    i think D is correct
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