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 - Business Mathematics and Statistics

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

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

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


An account fetches interest at the rate of 5% per annum compounded continuously. An individual deposits ₹ 1,000 each year in his account. How much will be in the account after 5 years. (e0.25 = 1.284)


The marginal cost function of a product is given by `"dc"/("d"x)` = 100 – 10x + 0.1x2 where x is the output. Obtain the total and the average cost function of the firm under the assumption, that its fixed cost is ₹ 500


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


Find the revenue function and the demand function if the marginal revenue for x units is MR = 10 + 3x – x2


The demand function for a commodity is p = e–x .Find the consumer’s surplus when p = 0.5


Choose the correct alternative:

If the marginal revenue MR = 35 + 7x – 3x2, then the average revenue AR is


Choose the correct alternative:

When x0 = 2 and P0 = 12 the producer’s surplus for the supply function Ps = 2x2 + 4 is


Choose the correct alternative:

If MR and MC denote the marginal revenue and marginal cost and MR – MC = 36x – 3x2 – 81, then the maximum profit at x is equal to


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×