The revenue function of a monopolist is ...

The revenue function of a monopolist is given by `R(x)=120x^2+300-x`
Then , the average revenue function AR(x) at x= 10 will be :

A

1229

B

1500

C

1210

D

12310

Text Solution

Verified by Experts

Promotional Banner

Promotional Banner

Topper's Solved these Questions

QUESTION PAPER 2022 TERM 1
ICSE|Exercise SECTION B|8 Videos
PROBABILITY
ICSE|Exercise MULTIPLE CHOICE QUESTIONS |82 Videos
QUESTION PAPER-2018
ICSE|Exercise Section -C|8 Videos

ICSE-QUESTION PAPER 2022 TERM 1-SECTION C

The cost function of a firm is given by C(x) = 1500 + 25x + x^2/(10) ....
Text Solution
|
The revenue function of a monopolist is given by R(x)=120x^2+300-x T...
Text Solution
|
A company sells its product at the rate of Rs.10 per unit. The variabl...
Text Solution
|
Let the total cost function be C(x)=5x+350 and the total revenue funct...
Text Solution
|
The demand function of a firm producing x units is given by p=200-5x ...
Text Solution
|
The demand function of a firm producing x units is given by p=200-5x ...
Text Solution
|
The demand function of a firm producing x units is given by p=200-5x ...
Text Solution
|
The demand function of a firm producing x units is given by p=200-5x ...
Text Solution
|