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    Managerial Economics Study Set 4
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    Exam 4: Demand Elasticity
  5. Question
    When Total Revenue Reaches Its Peak (Elasticity Equals 1),marginal Revenue
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When Total Revenue Reaches Its Peak (Elasticity Equals 1),marginal Revenue

Question 18

Question 18

Multiple Choice

When total revenue reaches its peak (elasticity equals 1) ,marginal revenue reaches


A) 1)
B) zero.
C) -1.
D) Cannot be determined from the information provided

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