The total revenue in Rupees received from the sale of x units of a product is given by
R(x) = 13x2 + 26x + 15.
Find the marginal revenue when x = 7.
Marginal revenue (MR) is the rate of change of total revenue with respect to the number of units sold.
Then,
So, when x = 7 then,
MR = 26(7) + 26 = 208
Therefore, the marginal revenue when x = 7 is Rs. 208.