Marginal revenue will be negative if elasticity of demand is Options: A . &nbspLess than unity B . &nbspMore than 1 C . &nbspEqual to 1 D . &nbspEqual to zero

Marginal revenue will be negative if elasticity of demand is

Question

Marginal revenue will be negative if elasticity of demand is

Options:

A . Less than unity

B . More than 1

C . Equal to 1

D . Equal to zero

Answer: Option A

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