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Title: Suppose that along a linear demand curve, the elasticity of demand is equal to 1 when the price is $ Post by: Loraine on Jun 21, 2015 Suppose that along a linear demand curve, the elasticity of demand is equal to 1 when the price is $4 and the quantity is 100 units. Then the
A) total revenue is at its maximum when 100 units are produced. B) marginal revenue is positive at 100 units. C) marginal revenue is negative at 100 units. D) Both answers A and B are correct. E) Both answers A and C are correct. Title: Re: Suppose that along a linear demand curve, the elasticity of demand is equal to 1 when the price Post by: Smoooth on Jul 26, 2015 Content hidden
Title: Re: Suppose that along a linear demand curve, the elasticity of demand is equal to 1 when the price is $ Post by: Smoooth on Aug 31, 2015 You're welcome :-]
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