CUET Mathematics 2024 - A company is selling a certain commodity x. The demand function for the commodity is linear. The company can sell 2000 units when the price is ₹8 per unit and it can sell 3000 units when the price is ₹4 per unit. The Marginal revenue at x=5 is: | PYQs + Solutions

CUET Mathematics 2024

Statistics & Applications

Financial Math

Medium

A company is selling a certain commodity $x$ . The demand function for the commodity is linear. The company can sell $2000$ units when the price is ₹ $8$ per unit and it can sell $3000$ units when the price is ₹ $4$ per unit. The Marginal revenue at $x=5$ is:

₹

79.98

₹

15.96

₹

16.04

₹

80.02

✅ Correct Option: 2

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CUET Mathematics 2024

12,000

10

72,000

5 \%

\left.(1.05)^{10} \approx 1.6\right)

CUET Mathematics 2024

CUET Mathematics 2024