Mathematics, 20.01.2020 19:31, keviongardner
The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by r(x) = 0.0613x2 + 1.1584x + 2.4813 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.1) the marginal-revenue equation is r' (x) = ) find the marginal revenue for the production of 200,000,000 ) find the marginal revenue for the production of 650,000,
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of the revenue function is called the marginal revenue function and is the rate of change of revenue with respect to the number of units sold.
. Therefore, the marginal revenue function is
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