Business MathematicsNEB 2080 (old course)

a) Evaluate: x^2 4x + 2 .dx [3] b) If for 2 units of production, total revenue is Rs. 200, find the total revenue function given that MR = 10 + 20x 3x^2 . [3]

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  • a) Evaluate: [3]
  • b) If for 2 units of production, total revenue is Rs. 200, find the total revenue function given that . [3]

Answer

a) Evaluate:

Step 1: Factorize the numerator

The integrand is . First, factorize the numerator: So the integrand becomes:

Step 2: Simplify the integrand

Cancel out the common factor (assuming ):

Step 3: Integrate the simplified expression

Now, integrate the simplified expression: where is the constant of integration.

Final Answer:


b) Find the total revenue function given:

  • For 2 units of production, total revenue is Rs. 200.
  • Marginal revenue function: .

Step 1: Recall the relationship between marginal revenue and total revenue

The marginal revenue (MR) is the derivative of the total revenue (TR) with respect to quantity : Thus, to find the total revenue function, we integrate the marginal revenue function:

Step 2: Integrate the marginal revenue function

where is the constant of integration.

Step 3: Determine the constant of integration using the given condition

We are given that when , . Substitute these values into the total revenue function:

Step 4: Write the final total revenue function

Substitute back into the total revenue function:

Final Answer:

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