If a demand curve exhibits unit elasticity for all prices, the MR curve
A. Is identical with it
B. Lies below the demand curve
C. Is identical with the X-axis
D. Is identical with the Y-axis
Answer: Option C
Related Questions on Managerial Economics
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
C. Capital Management
D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis

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