MENU
Question -

The total revenue in Rupees received from thesale of x units of a product is given by

Find the marginal revenue when x =7.



Answer -

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

Marginal Revenue (MR) 

= 13(2x) + 26 = 26x + 26

When x = 7,

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

Hence, the required marginal revenue is Rs 208.

Comment(S)

Show all Coment

Leave a Comment

Free - Previous Years Question Papers
Any questions? Ask us!
×