If the elasticity of with respect to is ( and ), then the elasticity of with respect to is
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1 mark, −0.5MathematicsLimits, continuity and differentiabilityDerivatives in economic use: elasticity, growth and inflectionModerateabout 1 min
JNU SSS 2010 Question 35: Limits, continuity and differentiability
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If the elasticity of f(x) with respect to x is 0·5 (f(x) > 0 and x > 0), then the elasticity of f(x)/x with respect to x is (A) -0·5 (B) 0 (C) 0·5 (D) 1
Also written as: If the elasticity of f(x) with respect to x is 0*5 (f(x) > 0 and x > 0), then the elasticity of f(x)/x with respect to x is
Limits, continuity and differentiability has come up 122 times in 7 exams since 2006.
What this question tests
This question is on Derivatives in economic use: elasticity, growth and inflection, part of Limits, continuity and differentiability in Mathematics.
Interpreting derivatives as growth rates and elasticities, and the meaning of an inflection point.
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