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Questions › UoH › UoH 2010 › Q23
1 mark, −0.33Microeconomics › Monopoly and price discrimination › Monopoly equilibrium and marginal revenueHardabout 2 min

UoH 2010 Question 23: Monopoly and price discrimination

If the total revenue from sales of X is given by the equation R = 100Q - 2Q2^22. what is the point elasticity of demand when MR = 20.

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If the total revenue from sales of X is given by the equation R = 100Q - 2Q ². what is the point elasticity of demand when MR = 20. (A) 1 (B) 1.5 (C) 2 (D) 2.5

Also written as: If the total revenue from sales of X is given by the equation R = 100Q - 2Q ^2. what is the point elasticity of demand when MR = 20.

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.

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Question from the UoH 2010 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.