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

70.2K

Verified Solution

Question

Basic Math

image

The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x)=0.0673x +1.2883x+2.2308 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.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students