English
Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Choose the correct alternative: If MR and MC denotes the marginal revenue and marginal cost functions, then the profi t functions is - Business Mathematics and Statistics

Advertisements
Advertisements

Question

Choose the correct alternative:

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

Options

  • P = `int ("MR" - "MC")  "d"x + "k"`

  • P = `int ("MR" + "MC")  "d"x + "k"`

  • P = `int ("MR") ("MC")  "d"x + "k"`

  • P = `int ("R" - "C")  "d"x + "k"`

MCQ
Advertisements

Solution

P = `int ("MR" - "MC")  "d"x + "k"`

shaalaa.com
Application of Integration in Economics and Commerce
  Is there an error in this question or solution?
Chapter 3: Integral Calculus – 2 - Exercise 3.4 [Page 75]

APPEARS IN

Samacheer Kalvi Business Mathematics and Statistics [English] Class 12 TN Board
Chapter 3 Integral Calculus – 2
Exercise 3.4 | Q 5 | Page 75

RELATED QUESTIONS

If the marginal cost function of x units of output is `"a"/sqrt("a"x + "b")` and if the cost of output is zero. Find the total cost as a function of x


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)


A firm’s marginal revenue function is MR = `20"e"^((-x)/10) (1 - x/10)`. Find the corresponding demand function


If the marginal cost (MC) of production of the company is directly proportional to the number of units (x) produced, then find the total cost function, when the fixed cost is ₹ 5,000 and the cost of producing 50 units is ₹ 5,625


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


Choose the correct alternative:

The marginal revenue and marginal cost functions of a company are MR = 30 – 6x and MC = – 24 + 3x where x is the product, then the profit function is


Choose the correct alternative:

The demand and supply function of a commodity are P(x) = (x – 5)2 and S(x) = x2 + x + 3 then the equilibrium quantity x0 is


Choose the correct alternative:

If the marginal revenue of a firm is constant, then the demand function is


A manufacture’s marginal revenue function is given by MR = 275 – x – 0.3x2. Find the increase in the manufactures total revenue if the production is increased from 10 to 20 units


The price elasticity of demand for a commodity is `"p"/x^3`. Find the demand function if the quantity of demand is 3 when the price is ₹ 2.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×