Show that the price elasticity of demand is -1 if and only if the marginal revenue is

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Show that the price elasticity of demand is -1 if and only if the marginal revenue is zero.

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 05:01 AM

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Show that the price elasticity of demand is -1 if and only if the marginal revenue is

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Microeconomics

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