Two models, R, = 9.21+0.62t and R, =9.21+0.45t , are given for revenue (in billions of dollars per year) for a large corporation. Both models are estimates of revenues for 2007 through 2011, with t= 7 corresponding to 2007. Which model is projecting the greater revenue? How much more total revenue does that model project over the five- year period? A) The model R, projects greater revenue than R,. $9.65 billion B) The model R, projects greater revenue than R,. SES $8.65 billion C) The model R, projects greater revenue than R,. $7.65 billion D) The modelR projects greater revenue than R,. $11.65 billion E) The model R, projects greater revenue than R,. e solhou poze $17.65 billion

Two models, R, = 9.21+0.62t and R, =9.21+0.45t , are given for revenue (in billions of dollars per year) for a large corporation. Both models are estimates of revenues for 2007 through 2011, with t= 7 corresponding to 2007. Which model is projecting the greater revenue? How much more total revenue does that model project over the five- year period? A) The model R, projects greater revenue than R,. $9.65 billion B) The model R, projects greater revenue than R,. SES $8.65 billion C) The model R, projects greater revenue than R,. $7.65 billion D) The modelR projects greater revenue than R,. $11.65 billion E) The model R, projects greater revenue than R,. e solhou poze $17.65 billion

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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