Economy, asked by kunika02092002, 3 months ago

EXPALIN THE RELATIONSHIP BETWEEN AR,MR AND THE E

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Answered by sujatapammi
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Answer:

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Explanation:

The relationship between AR, MR and elasticity of demand is very useful at any level of output. This relationship is very useful in the price-determination under different market conditions. ... It means elasticity of demand at any point on the demand curve is the same thing as the elasticity on the demand curve.

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