Political Science, asked by chhattugosai, 9 days ago

If elasticity equals to zero MR is​

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Answered by udaykiranpegadapalli
1

Answer:

the price elasticity of a firm's average revenue curve at a given level of output is equal to one marginal revenue equals zero. It will be seen from Figure 21.7 that corresponding to the middle point C on the average revenue curve DD' where elasticity of demand equals unity, the marginal revenue is zero.

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