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Consumer & Producer Surplus · Question 17 of 70

Question 17

EasyOriginal question

The marginal revenue from selling xx units is MR=40−6xMR = 40 - 6x rupees. What is the total revenue function?

Options for question 17

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. R(x)=∫(40−6x) dx=40x−3x2+KR(x) = \int (40 - 6x)\,dx = 40x - 3x^{2} + K.

  2. Selling nothing earns nothing, R(0)=0R(0) = 0, so K=0K = 0.

Worth noting

40x−6x240x - 6x^{2} forgets to halve 6x6x when integrating.

Concept
Total revenue from marginal revenue
Typical time
60 s
Your time
—
The rule this testsRevenue and demand from marginal revenue
Practise this chapter →

Ten questions from Consumer & Producer Surplus, at your own pace.

Practise this chapter →

Ten questions from Consumer & Producer Surplus, at your own pace.