CA CPT Model Test Paper 4 with solutions for online practice

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Question : 148 of 199

Marks: +1, -0

Relationship between AR, MR and Price elasticity of demand is

$MR = AR + [e -1/e]$
$MR = AR × [e -1/e]$
$AR = MR × [e -1/e]$
$MR = AR × [e/e -1]$

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