On a less than perfectly elastic demand curve the MR for...

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On a less than perfectly elastic demand curve, the MR for a given price and output is equal to price multiplied by

A. $$\left[ {1 - e} \right]$$

B. $$\left[ {e - \frac{1}{e}} \right]$$

C. $$\left[ {1 - \frac{1}{e}} \right]$$

D. $$\left[ {\frac{1}{e} - 1} \right]$$

Answer: Option B

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