1.

A firm has a marginal revenue function given MR=(a)/(x+b)-c ,where x is the output a, b, c are constants. Then demand function is given by p=(k)/(x)log((x+b)/(b))-c , where k is(i) a(ii) c(iii) 1(iv) -1

Answer»

a
C
1
`-1`

ANSWER :C


Discussion

No Comment Found

Related InterviewSolutions