CA CPT Model Test Paper 5 with solutions for online practice

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Question : 111 of 200

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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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