Application of Derivative: Find Total revenue, Average revenue, Marginal revenue

Welcome to our comprehensive tutorial on solving problems on application of Derivative !
In this video, we will demystify the world of economics by guiding you step-by-step through the process of calculating three vital economic concepts: Average Revenue, Total Revenue, and Marginal Revenue.

Total Revenue: Delve deeper into economics by understanding total revenue, a crucial metric used to determine the overall earnings from the sale of a particular quantity of goods or services.
Average Revenue: Learn how to calculate average revenue, a fundamental concept that reveals the average earnings generated by each unit of a product or service sold.
Marginal Revenue: Explore the concept of marginal revenue, a key indicator used by businesses to analyze the change in revenue resulting from producing and selling one more unit of a product.

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