If Marginal Revenue Equals Zero, Then Demand at This Level

question 382

Multiple Choice

If marginal revenue equals zero, then demand at this level of output is

• A) perfectly inelastic.
• B) inelastic.
• C) unit elastic.
• D) elastic.

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Definitions:

Revolving Nosepiece

A part of a microscope that holds multiple objective lenses and can rotate to change magnification.

Objective Lens

An objective lens is the part of a microscope or telescope that gathers light from the sample being observed and focuses it to create an image.

Ocular Lens

The lens inside the eye that focuses light on the retina to create clear images.

Oil-immersion

A technique used in light microscopy where an oil with a high refractive index is placed between the specimen slide and objective lens to increase resolution.