The absolute value of coefficient of the price

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Reference no: EM1328381

Important information about Economics - Price Elasticity

At the point on the demand curve at which marginal revenue = 0, the absolute value of the coefficient of the price elasticity of demand is:

A) > 1.

B) = 1.

C) < 1.

D) = 0.

Reference no: EM1328381

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