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Mathematics, 19.09.2021 01:00 ybetancourt1
The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by
R(x)=0.0719x2+1.3027x+2.3138 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
R′(x)=
(b) Find the marginal revenue for the production of 400,000,000 bushels.
(c) Find the marginal revenue for the production of 550,000,000 bushels.
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