English
Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

A company requires f(x) number of hours to produce 500 units. It is represented by f(x) = 1800x–0.4. Find out the number of hours required to produce additional 400 units. [(900)0.6 - Business Mathematics and Statistics

Advertisements
Advertisements

Question

A company requires f(x) number of hours to produce 500 units. It is represented by f(x) = 1800x–0.4. Find out the number of hours required to produce additional 400 units. [(900)0.6 = 59.22, (500)0.6 = 41.63]

Sum

Solution

f(x) number of hours to produce 500

f(x) = 1800 x0.4

The number of hours required to produce additions

400 units = `int_50^((500 + 400)) "f"(x)  "d"x`

= `int_500^900 1800x^(-0.4)  "d"x`

= `int_500^900 x^(-0.4)  "d"x`

= `1800 [(x^(-0.4 + 1))/(- 0.4 + 1)]_500^900`

= `1800 [x^(0.6)/(0.6)]_500^900`

= `1800/0.6[(900)^(0.6) - (500)^(0.6)]`

= `(1800 xx 10)/0.6 xx [59.22 - 41.63]`

= `3000 xx [17.59]`

= ₹ 52770 units

shaalaa.com
Application of Integration in Economics and Commerce
  Is there an error in this question or solution?
Chapter 3: Integral Calculus – 2 - Miscellaneous problems [Page 77]

APPEARS IN

Samacheer Kalvi Business Mathematics and Statistics [English] Class 12 TN Board
Chapter 3 Integral Calculus – 2
Miscellaneous problems | Q 7 | Page 77

RELATED QUESTIONS

Given the marginal revenue function `4/(2x + 3)^2 - 1` show that the average revenue function is P = `4/(6x + 9) - 1`


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


The demand function p = 85 – 5x and supply function p = 3x – 35. Calculate the equilibrium price and quantity demanded. Also, calculate consumer’s surplus


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:

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


Choose the correct alternative:

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


Choose the correct alternative:

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


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


A company has determined that marginal cost function for x product of a particular commodity is given by MC = `125 + 10x - x^2/9`. Where C is the cost of producing x units of the commodity. If the fixed cost is ₹ 250 what is the cost of producing 15 units


The demand equation for a product is Pd = 20 – 5x and the supply equation is Ps = 4x + 8. Determine the consumers surplus and producer’s surplus under market equilibrium


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×