1.

If the marginal revenue function for a commodity is MR = 9 – 4x2 . Find the demand function.

Answer»

Given, marginal Revenue function MR = 9 – 4x2

Revenue function, R = ∫(MR) dx + k

R = \(\int\)(9 - 4x2)dx + k

R = 9x - 4/3x3 + k

Since R = 0 when x = 0, k = 0

R = 9 x - 4/3 x3

Demand funcatiuon P = R/x

P = 9 - 4/3x2



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