The total revenue function for a product is R(x) = 3x² + 36x + 5 (in ₹). The demand function is:
The total revenue function for a product is R(x) = 3x² + 36x + 5 (in ₹). The demand function is:
- A. p = 3x + 36 + 5/x
- B. p = 3x + 36
- C. p = 6x + 36
- D. p = 3x² + 36x
Answer: A) p = 3x + 36 + 5/x
Explanation: Revenue R = price × quantity = p × x. So p = R/x = 3x + 36 + 5/x.
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