2 The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x) = 0.0695x + 1.4116x + 2.1031 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.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 18T
icon
Related questions
Question
2
The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x) = 0.0695x + 1.4116x + 2.1031 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.)
Transcribed Image Text:2 The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x) = 0.0695x + 1.4116x + 2.1031 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.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage