The revenue equation( in hunderds of millions of dollars) for barely production in a certain country is
Question
The revenue equation( in hunderds of millions of dollars) for barely production in a certain country is
approximated by R(x) = 0.0663xSquare +1.3641x+ 2.0073 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) = ?
(b) Find the marginal revenue for the production of 100,00,000 bushels. The marginal revenue is ? hundred million dollars.
(c) The marginal revenue is ? hundred million dollars.