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DIFFERENTIATION — Statistics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceStatisticsDIFFERENTIATION1 Mark
Question
What are the conditions for revenue function $R$ to be maximum?
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Answer

The necessary and sufficient conditions for maximizing the revenue function $R$ are as follows:
$(i) \frac{dr}{dx} = 0$ and
$(ii) \frac{\mathrm{d}^2 \mathrm{R}}{\mathrm{dx}^2} = 0$

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