Question

The total revenue in Rupees received from the sale of x units of a product is given by

. The marginal revenue, when is

(A) 116 (B) 96 (C) 90 (D) 126

Answer 1

Marginal revenue is the rate of change of total revenue with respect to the number of units sold.

∴Marginal Revenue (MR)= 3(2x) + 36 = 6x + 36

∴When x = 15,

MR = 6(15) + 36 = 90 + 36 = 126

Hence, the required marginal revenue is Rs 126.

The correct answer is D.