Economics · Microeconomics
The relationship between Average Revenue (AR), Marginal Revenue (MR), and Elasticity of demand (e) can be expressed as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1MR = AR × e - 1 e✓
- 2AR = MR × e 1 - e
- 3MR = AR × e 1 - e
- 4MR = AR × 1 - e e
Correct answer
MR = AR × e - 1 e
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Microeconomics MCQs →Want more practice questions on Microeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Microeconomics