हिंदी
तमिलनाडु बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य कक्षा १२

The marginal revenue (in thousands of Rupees) functions for a particular commodity is e5+3e-003x where x denotes the number of units sold. Determine the total revenue from the sale of 100

Advertisements
Advertisements

प्रश्न

The marginal revenue (in thousands of Rupees) functions for a particular commodity is `5 + 3"e"^(- 003x)` where x denotes the number of units sold. Determine the total revenue from the sale of 100 units. (Given e–3 = 0.05 approximately)

योग
Advertisements

उत्तर

The marginal Revenue (in thousands of Rupees) function

M.R = `5 + 3"e"^(- 003x)`

Total Revenue from sale of 100 units is

Total Revenue T.R = `int_0^100 "M.R"  "d"x`

= `int_0^100 (5 + 3"e"^(- 0.03x))  "d"x`

= `[5x + 3 (["e"^(-0.03x)])/(- 0.03)]_0^100`

= `{5x - 3 (["e"^(-0.03x)])/((3/100))}_0^100`

= `[5 x - 100 "e"^(- 0.03x)]_0^100`

= `[5(100) - 100"e"^(- 0.03(0))] - [5(0) - 100"e"^(-0.030(0))]`

= [500 – 100 e3] – [0 – 100 e°]

= [500 -100 (0.05)] – [– 100 (1)]

= [500 – 5]+ 100

= 495 + 100

= 595 thousands

= 595 × 1000

∴ Revenue R = ₹ 595000

shaalaa.com
Application of Integration in Economics and Commerce
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Integral Calculus – 2 - Exercise 3.2 [पृष्ठ ७२]

APPEARS IN

सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 3 Integral Calculus – 2
Exercise 3.2 | Q 10 | पृष्ठ ७२

संबंधित प्रश्न

The elasticity of demand with respect to price for a commodity is given by `((4 - x))/x`, where p is the price when demand is x. Find the demand function when the price is 4 and the demand is 2. Also, find the revenue function


A company receives a shipment of 500 scooters every 30 days. From experience, it is known that the inventory on hand is related to the number of days x. Since the shipment, I(x) = 500 – 0.03x2, the daily holding cost per scooter is ₹ 0.3. Determine the total cost for maintaining inventory for 30 days


If the marginal revenue function is R'(x) = 1500 – 4x – 3x2. Find the revenue function and average revenue function


Calculate the producer’s surplus at x = 5 for the supply function p = 7 + x


The demand and supply functions under perfect competition are pd = 1600 – x2 and ps = 2x2 + 400 respectively. Find the producer’s surplus


The demand equation for a products is x = `sqrt(100 - "p")` and the supply equation is x = `"P"/2 - 10`. Determine the consumer’s surplus and producer’s surplus, under market equilibrium


Choose the correct alternative:

If MR and MC denotes the marginal revenue and marginal cost functions, then the profit functions is


Choose the correct alternative:

The profit of a function p(x) is maximum when


Choose the correct alternative:

The demand function for the marginal function MR = 100 – 9x2 is


Choose the correct alternative:

For a demand function p, if `int "dp"/"p" = "k" int ("d"x)/x` then k is equal to


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×