The marginal revenue of producing x units is given by MR = 10 - 0.02x. At what production level is the total revenue maximum? A. 200 units B. 100 units C. 1000 units D. 500 units Answer: D) 500 units Explanation: Total revenue is maximum when Marginal Revenue (MR) is zero. 10 - 0.02x = 0 → 0.02x = 10 → x = 10 / 0.02 = 500 units.

imo class 12 application of derivatives

The marginal revenue of producing x units is given by MR = 10 - 0.02x. At what production level is the total revenue maximum?

VAVidaara Admin Asked 6d ago 0 views 0 answers

The marginal revenue of producing x units is given by MR = 10 - 0.02x. At what production level is the total revenue maximum?

Answer: D) 500 units

Explanation: Total revenue is maximum when Marginal Revenue (MR) is zero. 10 - 0.02x = 0 → 0.02x = 10 → x = 10 / 0.02 = 500 units.