Question

The revenue equation​ (in hundreds of millions of​ dollars) for barley production in a certain country...

The revenue equation​ (in hundreds of millions of​ dollars) for barley production in a certain country is approximated by R(x)=0.0659x^2+1.3754x+2.2231 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)=

​(Round to four decimal places as​ needed.)

​(b) Find the marginal revenue for the production of 500,000,000

bushels.

The marginal revenue is ?

hundred million dollars.

​(Type an integer or decimal rounded to two decimal places as​ needed.)

​(c) Find the marginal revenue for the production of 850,000,000

bushels.

The marginal revenue is ?

hundred million dollars.

​(Type an integer or decimal rounded to two decimal places as​ needed.)

Answer #1

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