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.
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Step-by-step explanation:
=>Marginal revenue is the rate of change of total revenue with respect to the number of units sold.
⇒Marginal Revenue (MR)= dx/dR = 13(2x)+26=26x+26
Thus when x=7,
=> MR =26(7)+26=182+26=208
==>Hence, the required marginal revenue is Rs 208.
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