Find the marginal-revenue equation and use it to find the


The revenue equation? (in hundreds of millions of? dollars) for barley production in a certain country is approximated by:

R(x)=0.0629x^2 + 1.3288x + 2.1059 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 100,000,000 bushels.

The marginal revenue is:

?(Integer or decimal rounded to two decimal places as? needed.)

?(c) Find the marginal revenue for the production of 450,000,000 bushels.

The marginal revenue is:

?(Integer or decimal rounded to two decimal places as? needed.)

Solution Preview :

Prepared by a verified Expert
HR Management: Find the marginal-revenue equation and use it to find the
Reference No:- TGS02321932

Now Priced at $15 (50% Discount)

Recommended (90%)

Rated (4.3/5)