In a factory it is found that the number of units (x) produced in a day depends upon the number of
workers (n) and is obtained by the relation = vots. The demand function of the product is
+ x. Determine the marginal revenue when n=20.
(4)
p=
TID
Answers
Answered by
1
Answer:
the marginal revenue is forty x and x is 2000
Answered by
1
Answer:
To find Marginal Revenue function
Demand for a certain Product is represented by the Equation
p=500+25x−
3
x
2
Where x is the number units and p is the price per unit
Marginal Revenue function is the derivative of the revenue function
So , Revenue Function is
R=x.p
R=x.(500+25x−
3
x
2
)
R=(500x+25x
2
−
3
x
3
)
Now , Marginal Revenue function can be Calculated as
=
dx
dR
=
dx
d
(500x+25x
2
−
3
x
3
)
=(500+50x−
3
3x
2
)
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