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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

  1. A 274
  2. B 1737
  3. C 193
  4. D 486
Verified Solution

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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