The elasticity of demand is the ratio of ____________
A. Marginal demand function and Revenue function
B. Marginal demand function to Average demand function
C. Fixed and variable revenues
D. Marginal Demand function and Total demand function
Answer:B
The elasticity of demand is the ratio of ____________
A. Marginal demand function and Revenue function B. Marginal demand function to Average demand function C. Fixed and variable revenues D. Marginal Demand function and Total demand function