

InterviewSolution
Saved Bookmarks
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» <p>Answer</p><p>Marginal revenue is the rate of change of total revenue with respect to the number of units sold.</p><p>\begin{align}MR=\frac{dR}{dx}\end{align}</p><p>∴Marginal Revenue</p><p>MR = 13(2x) + 26 = 26x+ 26</p><p>Whenx= 7,</p><p>MR = 26(7) + 26 = 182 + 26 = 208</p><p>Hence, the required marginal revenue is Rs 208.</p> | |