if the marginal revenue for a quantity X is MR= 9+2x-6x^2 find the total revenue function
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Answer:
Given, marginal Revenue function MR = 9 – 4x2
Revenue function, R = ∫(MR) dx + k
R =
∫
∫(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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