Question
The total revenue in Rupees received from the sale of x units of a product is given by
R(x) = 13x2 + 26x + 15.
Find the marginal revenue when x = 7.
Solution
R(x) = 13x2 + 26x + 15
Marginal revenue =
When x = 7, marginal revenue = 26(7) + 26 = 182 + 26 = Rs. 208