Chapter 11.5, Problem 49E

(a)

To determine

To calculate: The marginal revenue function for the provided revenue function (in hundreds of millions of dollars) for barley production in United States $R\left(x\right)=0.0608x^2+1.4284x+2.3418$ where $x$ is in hundreds of millions of bushels.

(b)

To determine

To calculate: The marginal revenue for the production of $500,000,000$ bushels if the provided revenue function (in hundreds of millions of dollars) for barley production in United States is $R\left(x\right)=0.0608x^2+1.4284x+2.3418$ where $x$ is in hundreds of millions of bushels.

(c)

To determine

To calculate: The marginal revenue for the production of $700,000,000$ bushels if the provided revenue function (in hundreds of millions of dollars) for barley production in United States is $R\left(x\right)=0.0608x^2+1.4284x+2.3418$ where $x$ is in hundreds of millions of bushels.