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The marginal cost of production of a firm is given by C'(x) = 20+x20 the marginal revenue is given by R’(x) = 30 and the fixed cost is ₹ 100. Find the profit function - Business Mathematics and Statistics

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प्रश्न

The marginal cost of production of a firm is given by C'(x) = `20 + x/20` the marginal revenue is given by R’(x) = 30 and the fixed cost is ₹ 100. Find the profit function

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उत्तर

C'(x) = `20 + x/20` 

Fixed cost k1 = ₹ 100

C(x) = `int "C"_1 (x)  "d"x + "k"_1`

C = `int (20 + x/20)  "d"x +"k"_1`

 = `20x + x^2/40 + "k"_1`

 = `20x + x^2/40 + 100`

R'(x) = 30

R(x) = `int "R'"(x)  "d"x + "k"_2`

R =  `int 30  "d"x + "k"_2`

R = `30  "d"x+ "k"_2`

When x  = 0

R = 0

⇒ k2 = 0

∴ R = 30x

Profit function P = `"R" - "C"`

= `(30x) - (20x + x^2/40 + 100)`

∴ P = `10x - x^2/10 - 100`

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Application of Integration in Economics and Commerce
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पाठ 3: Integral Calculus – 2 - Miscellaneous problems [पृष्ठ ७७]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
पाठ 3 Integral Calculus – 2
Miscellaneous problems | Q 5 | पृष्ठ ७७
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