Find the marginal cost when 17 units are produced.16. /The total reven

1.	Find the marginal cost when 17 units are produced.16. /The total revenue in Rupees received from the sale ofx units of a productisgiven byR (x) 13x + 26x + 15.
Answer» Answer Marginal revenue is the rate of change of total revenue with respect to the number of units sold. \begin{align}MR=\frac{dR}{dx}\end{align} ∴Marginal Revenue MR = 13(2x) + 26 = 26x+ 26 Whenx= 7, MR = 26(7) + 26 = 182 + 26 = 208 Hence, the required marginal revenue is Rs 208.

Find the marginal cost when 17 units are produced.16. /The total revenue in Rupees received from the sale ofx units of a productisgiven byR (x) 13x + 26x + 15.

Answer»

Answer

Marginal revenue is the rate of change of total revenue with respect to the number of units sold.

\begin{align}MR=\frac{dR}{dx}\end{align}

∴Marginal Revenue

MR = 13(2x) + 26 = 26x+ 26

Whenx= 7,

MR = 26(7) + 26 = 182 + 26 = 208

Hence, the required marginal revenue is Rs 208.