Marginal Revenue and Elasticity

Hi everyone in this video I’m going to derive this relationship here, between Marginal Revenue and Elasticity: MR = P(1 + 1/e). 0:00 Introduction 0:37 Revising Important Formula 1:06 Start of the Proof 5:54 Ending In the next video in the series I’ll take a look at an example where I look at how to interpret this relationship, so I’ll ...

12.3K viewsJan 14, 2022

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