Q. 105.0( 2 Votes )

The money to be s

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