Mathematics · Mathematical Economics - Elasticity and Marginal Concepts
Match List - I with List - II. List - I A. |ed| for demand function D = 64 - 8P, at P = 6 B. es for supply function S = -25 + 5P, at P = 10 C. The value of MR when P = 8 and ed = 4 D. The value of MPPL when VMPL = 12 and P = 3 List - II I. 6 II. 4 III. 3 IV. 2 Choose the correct answer from the options given below:
- 1A-III, B-IV, C-I, D-II✓
- 2A-II, B-III, C-I, D-IV
- 3A-I, B-IV, C-II, D-III
- 4A-III, B-I, C-IV, D-II
Correct answer
A-III, B-IV, C-I, D-II
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