If the average revenue is 45 and elasticity of demand is 3 then marginal revenue is ____.

Q.1 (C) (ii) If the average revenue is 45 and elasticity of demand is 3 then marginal revenue is ____.

Doubtly Asked 29 Oct 2026 Board exam · July 2025 hsc 12th Save WhatsApp Report

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Answer: 30

\(R_m=R_A\left(1-\frac{1}{\eta}\right)=45\left(1-\frac{1}{3}\right)=45\times\frac{2}{3}=30\).

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

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