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If the price elasticity of demand for a firm's output is elastic, then the firm's marginal revenue is:

 a. positive, and an increase in price will cause total revenue to increase. 

 b. positive, and an increase in price will cause total revenue to decrease. 

 c. negative, and an increase in price will cause total revenue to increase. 

 d. negative, and an increase in price will cause total revenue to decrease. 

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/05/19

Answer No. -----B

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Thanks

Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

Agreed by experts...................................................................

Salvatore Augello
by Salvatore Augello , owner , A.S. Trade & Consult

answer B ______________________________________________

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : option ( B ) ,,,,

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

option b ................................................................................

Bello Abubakar
by Bello Abubakar , Cinema 4D Render/Sketch UP, AutoCAD, ArchiCAD and Revit Specialist , Federal Housing Authority

B......................................................

b. positive, and an increase in price will cause total revenue to decrease. 

Ismael Hamad
by Ismael Hamad , Trainer , ANTONOIL DMCC , Lukoil project, WQ2

 I thank option a right answer

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. If the price elasticity of demand for a firm's output is elastic, then the firm's marginal revenue is The correct answer was: b. positive, and an increase in price will cause total revenue to decrease.

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