80. Russian Oil Revenues The price of crude oil during the period 2000-2010 can be approximated by P(t) = 6t + 18 dollars per barrels (0 sts 10) %3D 87 O represents 2000. Russia's crude oil production over the same period can be approximated by in year t, where t = Q(t) = -0.08t2 + 1.2t + 5.5 million barrels per day %3D (0 sts 10). Use these models to estimate Russia's daily oil revenue and also its rate of change in 2005. (Round your answers to the nearest $1 million.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.5: Other Types Of Equations
Problem 65E
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80. Russian Oil Revenues The price of crude oil during the
period 2000-2010 can be approximated by
th
re
P(t) = 6t + 18 dollars per barrels (0 st< 10)
87. V
in year t, where t = 0 represents 2000. Russia's crude oil
production over the same period can be approximated by"
ic
21
2.
Q(t) = -0.08t2 + 1.2t + 5.5 million barrels per day
(0<ts 10).
Use these models to estimate Russia's daily oil revenue and
also its rate of change in 2005. (Round your answers to the
nearest $1 million.)
Transcribed Image Text:80. Russian Oil Revenues The price of crude oil during the period 2000-2010 can be approximated by th re P(t) = 6t + 18 dollars per barrels (0 st< 10) 87. V in year t, where t = 0 represents 2000. Russia's crude oil production over the same period can be approximated by" ic 21 2. Q(t) = -0.08t2 + 1.2t + 5.5 million barrels per day (0<ts 10). Use these models to estimate Russia's daily oil revenue and also its rate of change in 2005. (Round your answers to the nearest $1 million.)
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