CUET · MATHS · PYQ PAPER 2025
The demand function P for maximising a profit monopolist is given by \(P = 274 -\) \(x^2\), while the marginal cost is \(4+3x\) for \(x\) units of commodity. The consumer surplus is
- A 274
- B 1737
- C 193
- D 486
Answer & Solution
Correct Answer
(D) 486
Step-by-step Solution
Detailed explanation
\(TR = Px = (274 - x^2)x = 274x - x^3\) \(MR = \frac{d(TR)}{dx} = 274 - 3x^2\) \(MR = MC \Rightarrow 274 - 3x^2 = 31 \Rightarrow 3x^2 = 243 \Rightarrow x^2 = 81 \Rightarrow x = 9\) \(P = 274 - x^2 = 274 - 9^2 = 274 - 81 = 193\)…
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