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2. Sales records at Declan Technologies show that the rate of change of the revenue in RM
per unit for a motherboard is R’(x) = 300 - 0.2x, where x represents the quantity sold.
Find the total revenue function for the product. Then find the total revenue from the sale
of 1000 motherboards.
2
x −1
3. Evaluate ∫ 3 3
dx
( x −3 x )
4 3 2
x −2 x +4 x −7 x −1
4. Evaluate ∫ 2
dx
x −2 x
dr 2
6. A manufacturer’s marginal revenue function is =−3 q +50 q+100
dq
If r is in RM, find the change in the manufacturer’s total revenue if production is
increased from 5 to 10 units.
7. The demand equation for a product is q=400− p2 and the supply equation is
q
p= +5. Find producers’ surplus and consumers’ surplus under market equilibrium.
60
Self-Practice Questions
2 −1
x 2
1. Evaluate ∫ x dx and ∫ dx
3
e −e
x π
600
3. Suppose that the marginal revenue for a product is given by MR= + 2. Find the
√3 x +1
total revenue function.
3 5 5