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    Managerial Economics Foundations
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    Exam 6: Elasticity and Demand
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    Refer to the Following Figure
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Refer to the Following Figure

Question 37

Question 37

Multiple Choice

Refer to the following figure.At a price of $10,the point elasticity of demand for D3 is ________ and marginal revenue is _______. Refer to the following figure.At a price of $10,the point elasticity of demand for D<sub>3</sub> is ________ and marginal revenue is _______.   A) -5; positive B) -0.5; negative C) -0.2; negative D) -1; zero


A) -5; positive
B) -0.5; negative
C) -0.2; negative
D) -1; zero

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