Advertisements
Advertisements
प्रश्न
Choose the correct alternative:
For the demand function p(x), the elasticity of demand with respect to price is unity then
विकल्प
Revenue is constant
Cost function is constant
Profit is constant
None of these
Advertisements
उत्तर
Revenue is constant
APPEARS IN
संबंधित प्रश्न
The marginal revenue (in thousands of Rupees) functions for a particular commodity is `5 + 3"e"^(- 003x)` where x denotes the number of units sold. Determine the total revenue from the sale of 100 units. (Given e–3 = 0.05 approximately)
Find the revenue function and the demand function if the marginal revenue for x units is MR = 10 + 3x – x2
The demand and supply functions under perfect competition are pd = 1600 – x2 and ps = 2x2 + 400 respectively. Find the producer’s surplus
Under perfect competition for a commodity the demand and supply laws are Pd = `8/(x + 1) - 2` and Ps = `(x + 3)/2` respectively. Find the consumer’s and producer’s surplus
Choose the correct alternative:
If MR and MC denotes the marginal revenue and marginal cost functions, then the profit functions is
Choose the correct alternative:
The given demand and supply function are given by D(x) = 20 – 5x and S(x) = 4x + 8 if they are under perfect competition then the equilibrium demand is
Choose the correct alternative:
The producer’s surplus when the supply function for a commodity is P = 3 + x and x0 = 3 is
Choose the correct alternative:
For a demand function p, if `int "dp"/"p" = "k" int ("d"x)/x` then k is equal to
The marginal cost of production of a firm is given by C'(x) = `20 + x/20` the marginal revenue is given by R’(x) = 30 and the fixed cost is ₹ 100. Find the profit function
The price elasticity of demand for a commodity is `"p"/x^3`. Find the demand function if the quantity of demand is 3 when the price is ₹ 2.
