SOLUTION: The revenue equation​ (in hunderds of millions of​ dollars) for barley production in a certain country is approximated by Upper R(x)=0.0716x^2 +1.3589x +2.4955 where x
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Question 1042145: The revenue equation (in hunderds of millions of dollars) for barley production in a certain country is approximated by Upper R(x)=0.0716x^2 +1.3589x +2.4955 where x is in hundreds of millions of bushels. Find the marginal-revenue equation and use it to find the marginal revenue for the production of the given number of bushels.
(a) The marginal-revenue equation is Upper R prime left parenthesis x right parenthesisR′(x)equals=
(Round to four decimal places as needed.)
(b) Find the marginal revenue for the production of 500,000,000 bushels.
(Type an integer or decimal rounded to two decimal places as needed.)
(c) Find the marginal revenue for the production of 650,000,000 bushels.
(Type an integer or decimal rounded to two decimal places as needed.)
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
b) Upper R(500) = 0.0716(500^2)+1.3589(500)+2.4955 = 18581.94
c) you do it, insert 650 where it says 500 in b)and run your calculator.
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