SELECT * FROM question_mgmt as q WHERE id=10278 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=60 AND chapterId=613 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 12th micro-economics Non-competitive Markets what is the value of the mr when the demand curve

Question:

What is the value of the MR when the demand curve is elastic?

Answer:

When demand curve is elastic ( ed > 1), then according to the relationship MR=P
, the fraction will be less than 1. Hence, MR will be positive when P= is positive.


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