Answer :

Given: Marginal Revenue, M(x) =


M(x) proportional to Money spent on the welfare of employees.


Thus, M(x) = k (Money spent on the welfare of employees)


M(x) = 6 x + 36


At x = 5, M(x) = 66


Now at x = 6, M(x) = 72


Thus Marginal Revenue for x = 5 is 66


And when x increased from x = 5 to x = 6,


Marginal revenue also increases and thus the money spent on the welfare of employees increases.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

The side of an eqMathematics - Board Papers

For the curve, <sMathematics - Board Papers

The money to be sMathematics - Board Papers

<span lang="EN-USMathematics - Board Papers

The side of an eqMathematics - Board Papers

The volume of a sMathematics - Board Papers