Mark cut a rectangular piece of wood at the

Mathematics

1 answer:

Sedbober [7]3 years ago

7 0

Answer:

The number of bags of chips sold in a month is tracked and follows a normal distribution. After 2 years the mean is found to be 2.4 million, with a standard deviation of 0.3 million. What is the chance (percentage) that between 1.8 and 2.1 million bags are sold on a random month? (3 points: 1 for shown work, 1 for correct

drawing, 1 for correct answer)

Step-by-step explanation:

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The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x) = 0

STatiana [176]

Answer:

The marginal-revenue equation is $R'(x)=0.1226x+1.1584$ .

The marginal revenue for the production of 200,000,000 bushels is $R'(x)=1.4036$ .

The marginal revenue for the production of 650,000,000 bushels is $R'(x)=9.1274$ .

Step-by-step explanation:

The derivative $R'(x)$ 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.

We know the revenue function, $R(x) = 0.0613x^{2} +1.1584x+2.4813$ . Therefore, the marginal revenue function is

$R'(x)=\frac{d}{dx}R(x) = \frac{d}{dx}(0.0613x^{2} +1.1584x+2.4813)\\\\=\frac{d}{dx}\left(0.0613x^2\right)+\frac{d}{dx}\left(1.1584x\right)+\frac{d}{dx}\left(2.4813\right)\\\\R'(x)=0.1226x+1.1584$