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]
6- 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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