A firm has a marginal revenue function g...

A firm has a marginal revenue function given `MR=(a)/(x+b)-c` ,where x is the output a, b, c are constants. Then demand function is given by `p=(k)/(x)log((x+b)/(b))-c` , where k is (i) a (ii) c (iii) 1 (iv) `-1`

A

a

B

c

C

1

D

`-1`

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The correct Answer is:

C

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