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.)
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