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Study Stuff for MCA Examinations - NIMCET
Study Stuff for MCA Examinations - NIMCET
Previous Year Question (PYQs)
The total revenue (in Rs.) received by selling $x$ units of a certain product is given by:
$R(x)=4x^2+10x+3$
What is the marginal revenue on selling $20$ such units?
Solution
Marginal revenue
$=\frac{dR}{dx}$
Differentiate:
$\frac{dR}{dx}=8x+10$
Now put $x=20$
$=8(20)+10$
$=160+10$
$=170$
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