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In Z Square Mall in Kanpur, there is a space to keep 300 cars and the entry fees per car is ₹ 20…

Mathematics20252 marksShort answer
In Z Square Mall in Kanpur, there is a space to keep 300 cars and the entry fees per car is ₹ 20. It is estimated that if the entry fee is decreased by ₹ 5, then 50 additional cars can be adjusted in the same parking. Justify that the Marginal Revenue (MR) decreases at a higher rate than the Average Revenue (AR).

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Application of Calculus

From ISC 2025 Practice Mathematics, question 90.