New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    If the total revenue from sales of X is given

    by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
    A 1 Correct Answer Incorrect Answer
    B -1.5 Correct Answer Incorrect Answer
    C -2 Correct Answer Incorrect Answer
    D 2.5 Correct Answer Incorrect Answer

    Solution

    Practice Next