Compute the marginal revenue when the price elasticity of demand is ? -0. 10.
Multiple Choice
a) ?3P, meaning marginal revenue is negative and 3 times greater than price.
b) ?9P, meaning marginal revenue is negative and 9 times greater than price.
c) 3P, meaning marginal revenue is positive and 3 times greater than price.
d) 9P, meaning marginal revenue is positive and 9 times greater than price