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The total revenue received from the sale of x units of a product is given by R(x) = 13x2 + 26x + 15 Find marginal cost when x = 15 |
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Answer» Given, Marginal cost MR(x) = d/dx{R(x)} = d/dx(13x2 + 26X + 15) = 26x + 26 Putting x = 15 Then MR(x) = 26 × 15 + 26 = 390 + 26 MR (7) =416 Hence, Marginal cost = Rs. 416 |
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