EASY
12th ICSE
IMPORTANT
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If C=ax2+bx+k is the total cost function, find slope of average cost function (AC function).

Important Questions on Application of Calculus in Commerce and Economics

EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 9
 If C=ax2+bx+k  is the total cost function, find slope of marginal cost function (MC function). 
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 10
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
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 11
A monopolist's demand function is x=50-p4. Find the total revenue function, average revenue function and marginal revenue function.
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 11
 A monopolist's demand function is x = 50 - p4. At what level of output is marginal revenue zero ? Interpret it. 
MEDIUM
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 11
A monopolist's demand function is x=50-p4. At what price is marginal revenue zero ?
MEDIUM
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 12
The demand for a certain product is represented by the equation p=300+25x-x2. Find the marginal revenue function.
MEDIUM
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 12
The demand for a certain product is represented by the equation p=300+25x-x2. Obtain the marginal revenue when x=12 units and interpret it.
MEDIUM
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 12
The demand for a certain product is represented by the equation p=300+25x-x2. Calculate R(13)-R(12) and interpret it.