The Total Revenue is given by R(x) = 13x^2 + 26x + 15. Find Marginal

Ex 6.1,16 - Chapter 6 Class 12 Application of Derivatives - Part 2
Ex 6.1,16 - Chapter 6 Class 12 Application of Derivatives - Part 3

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Ex 6.1, 16 The total revenue in Rupees received from the sale of 𝑥 units of a product is given by R(𝑥) = 13𝑥2 + 26𝑥 + 15. Find the marginal revenue when 𝑥 = 7. Marginal revenue is rate of change of total revenue w. r. t the number of unit sold Let MR be marginal revenue So, MR = 𝒅𝑹/𝒅𝒙 Given, Total revenue = R(𝑥)=13𝑥^2+26𝑥+15 We need to find marginal revenue when 𝑥 = 7 i.e. MR when 𝒙 = 7 MR = 𝑑(𝑅(𝑥))/𝑑𝑥 MR = ( 𝑑(13𝑥^2 + 26𝑥 + 15))/𝑑𝑥 MR = 𝑑(13𝑥^2 )/𝑑𝑥+𝑑(26𝑥)/𝑑𝑥+𝑑(15)/𝑑𝑥 MR = 13 𝑑(𝑥^2 )/𝑑𝑥+ 26 𝑑(𝑥)/𝑑𝑥+0 MR = 13 × 2𝑥+26 MR = 26𝑥+26 MR = 26 (𝒙+𝟏) We need to find MR when 𝑥=7 Putting 𝑥=7 MR = 26 (7+1) MR = 26 × 8 MR = 208 Hence Required marginal Revenue is Rs 208

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Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science and Computer Science at Teachoo