EASY
Earn 100

Define total, average and marginal revenue.

The demand function is x=30-2p, where x is the number of units demanded and p is the price per unit. Find the price for which the revenue is maximum.

Important Questions on Application of Calculus

EASY

The revenue function is given by Rx=100x-x2-x3.

Find marginal revenue function.

EASY
The total cost function of a firm is given by C(x)=13x3-5x2+30x-15 where the selling price per unit is given as 6 . Find for what value of x will the profit be maximum.
EASY
A product can be manufactured at a total cost Cx=x2100+100x+40, where x is the number of units produced. The price at which each unit can be sold is given by Px=200-x400. Determine the production level x at which the profit is maximum. What is the price per unit and total profit at the level of production?
EASY

The revenue function is given by Rx=100x-x2-x3.

Find the demand function.

MEDIUM
The demand for a certain product is represented by the equation p=300+25x-x2. Find the marginal revenue function.
MEDIUM
The marginal revenue of selling x units of a commodity is given by MR = 20 ex/10 1+x10. If the revenue obtained 
on selling 10 units of the commodity is Rs200e, find the revenue function.
EASY
 The total revenue in rupees received from the sale of x units of a product is given by R(x)=300x-x2 5. Find the average revenue
MEDIUM
The demand for a certain product is represented by the equation p=300+25x-x2. Calculate R(13)-R(12) and interpret it. 
MEDIUM

Represent the union of two sets by Venn diagram for each of the following.

X={x | x is a prime number between 80 and 100}

Y={y | y is an odd number between 90 and 100}

EASY
A company sells its product at Rs10 per unit. Fixed cost for the company is Rs 35000 and the variable cost is estimated to run 30% of the total revenue. Determine the revenue function.
EASY
A monopolist's demand function is x=50-p4. Find the total revenue function, average revenue function and marginal revenue function.
EASY
The total revenue in rupees received from the sale of x units of a product is given by R(x)=300x-x2 5. Find the marginal revenue.
EASY
A firm knows that demand function for its main product is linear. It also knows that it can sell 3000 units at 5 per unit and it can sell 1200 units when price is 11 per unit. Determine the demand function.
EASY
A cultural organisation is arranging a dance program. It expects 300 persons to attend the show if the entrance fee is 8 per person. It also estimated that if the entrance fee is decreased by 1, then 60 additional persons would attend the show. What should be the entrance fee to get the maximum revenue ? 
 
EASY
A company sells its products at the rate of Rs 6 per unit. The variable costs are estimated to run 25% of the total revenue received. If the fixed costs for the product are Rs 4500, find the total revenue function.
EASY
The demand function of a monopolist is given by p=1500-2x-x2. Find the marginal revenue for any level of output x. Also, find the marginal revenue (MR) when x = 10
EASY
A publishing house finds that the cost directly attributed to each book is  30 and that the fixed costs are   15000. If each book can be sold for  45, then determine the revenue function.
EASY
The demand function of a monopolist is P(x)=300-x2. Find the marginal revenue function.
EASY
The demand function of a monopolist is P(x)=300-x2 Find the revenue function.
EASY
 A monopolist's demand function is x = 50 - p4. At what level of output is marginal revenue zero ? Interpret it.