The total revenue in Rupees received from the sale of x units of a product is given by
R (x) = 3x2 + 36x + 5. The marginal revenue, when x = 15 is
(A) 116 (B) 96 (C) 90 (D) 126
Marginal revenue is the rate of change of total revenue with respect to the number of units sold.
\begin{align}MR=\frac{dR}{dx} \end{align}
∴Marginal Revenue (MR)= 3(2x) + 36 = 6x + 36
∴When x = 15,
MR = 6(15) + 36 = 90 + 36 = 126
Hence, the required marginal revenue is Rs 126.
The correct answer is D.
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Welcome to the NCERT Solutions for Class 12 Mathematics - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 18: The total revenue in Rupees received from the sale of x units of a product is given by R (x) = 3x....
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