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Questions › JNU › JNU SSS 2020 › Q22
1 markMicroeconomics › Monopoly and price discrimination › Monopoly equilibrium and marginal revenueModerateabout 1 min

JNU SSS 2020 Question 22: Monopoly and price discrimination

When the price of a Pen is ₹ 20 and elasticity of demand is 1.6, find the marginal revenue.

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Monopoly and price discrimination has come up 128 times in 7 exams since 2004.

What this question tests

This question is on Monopoly equilibrium and marginal revenue, part of Monopoly and price discrimination in Microeconomics.

How a monopolist sets price and output where marginal revenue equals marginal cost.

TestStop has 43 past-paper questions on this subtopic; the nearest in year are below.

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Question from the JNU SSS 2020 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.