On a linear demand curve, the coefficient of price elasticity is unity, then the value of MR will be:

Related MCQs

• When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
• If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is
• If the percentage increase in the quantity demanded of a commodity is smaller than the percentage fall in its price, the coefficient of price elasticity:
• If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope:
• If a positively sloped linear supply curve crosses the quantity axis, the elasticity of supply is:
• If a positively sloped linear supply curve passes through the origin, the elasticity of supply is:
• As a result of a fall in the price total expenditure on the commodity decreases, the coefficient of elasticity will be:
• Elasticity of supply for a positively sloped straight line supply curve that intersects the price axis is:
• Income elasticity is positive, but less than unity in the case of:
• If the amount of the commodity purchased remains unchanged when the price of another commodity changes, the cross elasticity of demand between them will be: