Last updated at Dec. 16, 2024 by Teachoo
Ex 6.1, 18 The total revenue in Rupees received from the sale of ๐ฅ units of a product is given by R(๐ฅ) = 3๐ฅ2 + 36๐ฅ + 5. The marginal revenue, when ๐ฅ = 15 is (A) 116 (B) 96 (C) 90 (D) 126Marginal revenue is rate of change of total revenue w. r. t the number of unit sold Let MR be marginal revenue So, MR = ๐ ๐น/๐ ๐ Given, Total revenue = R (๐ฅ) = 3๐ฅ2 + 36๐ฅ + 5 We need to find marginal revenue when ๐ฅ = 15 i.e. MR when ๐ฅ = 15 MR = ๐(๐ (๐ฅ))/๐๐ฅ MR = (๐ (3๐ฅ2 + 36๐ฅ + 5) )/๐๐ฅ MR = (๐(3๐ฅ2))/๐๐ฅ + (๐(36๐ฅ))/๐๐ฅ + (๐(5))/๐๐ฅ MR = 3 (๐(๐ฅ2))/๐๐ฅ + 36 (๐(๐ฅ))/๐๐ฅ + 0 MR = 3 ร 2๐ฅ + 36 MR = 6๐ + 36 MR when ๐ = 15 MR = 6(15) + 36 MR = 90 + 36 MR = 126 Hence, the required marginal revenue is Rs. 126 Thus, D is the correct Answer
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Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science and Computer Science at Teachoo