Re: JNU Questions

Posted by Xiang on May 16, 2013; 12:37pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-Questions-tp7580796p7580802.html

Rhidima,

for this question:
Q5) A monopolist faces a demand curve with unit price elasticity of demand. For such a monopolist if MC are +ve;

did u use the formula- MR=p(1-1/e) which is 0 and hence the option?
Please clarify.
Thanks