(Answered) The revenue equationnbspin hunderds of millions

Finance

The revenue equation? (in hunderds of millions of? dollars) for barley production in a certain country is approximated by R(x)=0.0672x^2 + 1.1293x + 2.4393 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 as? needed.)

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

The marginal revenue is ___ hundred million dollars.

?(Integer or Decimal rounded to two decimal places as? needed.)

?(c) Find the marginal revenue for the production of 950,000,000 bushels.

The marginal revenue is ___ hundred million dollars.

?(Integer or decimal rounded to two decimal places as? needed.)

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92419739
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

You are considering investing in a start up project at a

You are considering investing in a start up project at a cost of $100,000. You expect the project to return $500,000 to you in seven years. Given the risk of this project, your cost of capital is 20%. The NPV for this pr ...

How much would you pay for a share of preferred stock that

How much would you pay for a share of preferred stock that pays a $3.25 dividend and your required return for an investment of this kind is 7%?

The inside door has total debt of 76662 total equity of

The Inside Door has total debt of $76662, total equity of $224477, and a return on equity of 12.7 percent. What is the return on assets? Input your answer as a decimal rounded to 4 places (i.e., 1% = 0.0100).

An investor has 5000 invested in a stock which has an

An investor has $5,000 invested in a stock which has an estimated beta of 1.2, and another $15,000 invested in the stock of the company for which she works. The risk-free rate is 6 percent and the market risk premium is ...

What type of data values are quantitative and the number of

What type of data values are quantitative and the number of values is finite or countable?

Kyle has recently received an inheritance and is

Kyle has recently received an inheritance, and is considering paying off the loan on his car with one lump sum payment. The loan requires a payment of $550 per month and there are 36 payments left. The interest rate unde ...

What is an integrated supply chain and how does it differ

What is an integrated supply chain and how does it differ from the traditional idea of a supply chain?

Question - bad boys inc is evaluating its cost of capital

Question - Bad Boys, Inc. is evaluating its cost of capital. Under consultation, Bad Boys, Inc. expects to issue new debt at par with a coupon rate of 8% and to issue new preferred stock with a $2.50 per share dividend a ...

Quality home made ice cream has plans to pay decreasing

Quality Home Made Ice Cream has plans to pay decreasing annual dividends of $1.50, $1.25, and $1.00 over the next three years, respectively. After that, the firm will increase the dividend by 4% each year. what is the va ...

Last year galaxy corp had 350000 of assets which is equal

Last year Galaxy Corp had $350,000 of assets (which is equal to its total invested capital), $475,000 of sales, $30,250 of net income, and a debt-to-capital ratio of 40%. The new CFO believes the firm has excessive fixed ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert