Class 12 Mathematics - Chapter Application of Derivatives NCERT Solutions | The total revenue in Rupees received fro
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.
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 = 13(2x) + 26 = 26x + 26
When x = 7,
MR = 26(7) + 26 = 182 + 26 = 208
Hence, the required marginal revenue is Rs 208.
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