Re: JNU-Monopoly-2008
Posted by mittar.chardikala@gmail.com on May 13, 2015; 12:48pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-Monopoly-2008-tp7596922p7596923.html
Zero should be the answer
MR = P ( 1- 1/mod e ) here elasticity is -1. So putting this in the equation MR = P ( 0)
In monopoly , MR = MC so we get P = 3/0 and thus q = 0