MAY 2025Foundation
Calculate Marginal Revenue (MR) when Average Revenue (AR) = 45 and price elasticity of demand (e) = 3.
A
(A) ₹ 15
B
(B) ₹ 25
C
(C) ₹ 30
D
(D) ₹ 135
Calculate Marginal Revenue (MR) when Average Revenue (AR) = 45 and price elasticity of demand (e) = 3.
(A) ₹ 15
(B) ₹ 25
(C) ₹ 30
(D) ₹ 135