The revenue equation(in hundreds of millions of dollars) for barley production i

Question

The revenue equation(in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x)equals=0.0635x^2 + 2.1033 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 asneeded.)

(b) Find the marginal revenue for the production of 100,000,000 bushels.T

The marginal revenue is ____ hundred million dollars.(Type an integer or decimal rounded to two decimal places asneeded.)

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

The marginal revenue is _____ hundred million dollars .(Type an integer or decimal rounded to two decimal places as needed.)

Explanation / Answer

a) here from Above

R'(x) =(d/dx)R(X) =0.0635*2x=0.127x

b) marginal revenue for the production =0.13 hundred million dollars.

c)marginal revenue for the production =0.127*4.5=0.57 hundred million dollars

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