In context of Applied calculus, MC, MR s

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Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Calculus

Question:

In context of Applied calculus, MC, MR stand for:

Options:

Multiple costs, Multiple revenue

Management of cost, Management of Revenue

Margin of Cost, Margin of Revenue

Marginal Cost, Marginal Revenue

Correct Answer:

Marginal Cost, Marginal Revenue

Explanation:

The correct answer is Option (4) - Marginal Cost, Marginal Revenue

In Applied Calculus:

MC stands for Marginal Cost.

MR stands for Marginal Revenue.

The correct answer is: Marginal Cost, Marginal Revenue.