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The demand for a certain product is represented by the equation in rupees where is the number of…
The demand for a certain product is represented by the equation $p = 500 + 25x - \frac{x^2}{3}$ in rupees where $x$ is the number of units and $p$ is the price per unit. Find:
(i)
Marginal revenue function.
(ii)
The marginal revenue when 10 units are sold.
Answer
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From ISC 2017 Mathematics Paper 1, question 14(a).