Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>CHAPTER TEST>Q 8

EASY

12th ICSE

IMPORTANT

Earn 100

The marginal cost function of a product is given by $M C = \frac{2}{\sqrt{4 x + 9}}$ . If the fixed cost is $Rs 540$ , find the total cost function. Also find the average cost of producing $4$ units of the product.

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>CHAPTER TEST>Q 9

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 ?