Finding rate of change
Ex 6.1, 1
Ex 6.1,17 (MCQ)
Example 5
Ex 6.1,15 Important
Example 6 You are here
Ex 6.1,16
Ex 6.1, 18 (MCQ) Important
Example 2
Ex 6.1,2
Example 35
Example 3
Ex 6.1,5 Important
Ex 6.1,3
Ex 6.1,6
Ex 6.1,12
Ex 6.1,13 Important
Misc 16 (MCQ)
Ex 6.1,14
Example 31 Important
Ex 6.1,4 Important
Example 30 Important
Example 4 Important
Ex 6.1,7
Ex 6.1,8
Ex 6.1,9
Ex 6.1,11 Important
Misc 2 Important
Ex 6.1,10 Important
Example 32 Important
Finding rate of change
Last updated at April 16, 2024 by Teachoo
Example 6 The total revenue in Rupees received from the sale of x units of a product is given by R(x) = 3x2 + 36x + 5. Find the marginal revenue, when x = 5, where by marginal revenue we mean the rate of change total revenue with respect to the number of items sold at an instant.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) = 3𝑥2 + 36𝑥 + 5 We need to find marginal revenue when 𝑥 = 5 i.e. MR when 𝑥 = 5 MR = 𝑑(𝑅(𝑥))/𝑑𝑥 MR = (𝑑 (3𝑥2 + 36𝑥 + 5) )/𝑑𝑥 MR = (𝑑(3𝑥2))/𝑑𝑥 + (𝑑(36𝑥))/𝑑𝑥 + (𝑑(5))/𝑑𝑥 MR = 3 (𝑑(𝑥2))/𝑑𝑥 + 36 (𝑑(𝑥))/𝑑𝑥 + 0 MR = 3 × 2𝑥 + 36 MR = 6𝑥 + 36 MR when 𝑥 = 5 MR = 6 (5) + 36 MR = 30 + 36 MR = 66 Hence, the required marginal revenue is Rs. 66