Ask
your own question, for FREE!
Mathematics
21 Online
Hey everyone I need help with this one. The spot price of crude oil during the period 2000-2005 can be approximated by P(t) = 5t + 25 dollars per barrel (0 ≤ t ≤ 5) in year t, where t = 0 represents 2000. Q(t) = 0.082t2 − 0.22t + 8.2 million barrels per day† (0 ≤ t ≤ 5) Use these models to estimate Saudi Arabia's daily oil revenue and also its rate of change in 2002. (Round your answers to the nearest $1 million.) daily oil revenue ____ million rate of change in 2002 _____ million/yr
Still Need Help?
Join the QuestionCove community and study together with friends!
Just break it down... Price: P(t) = .. Production: Q(t) = .. The Revenue is Price * Production = .. The rate of change of Revenue is the derivative of Revenue.
how do i find the derivatve of the revemue
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
glomore600:
find someone says that that one person your talking to doesn't really like you should I take their advice and leave or should I ask the person i'm talking t
Addif9911:
Him I dimmed the light that once felt mine, a glow I never meant to lose. I over-read the shadows, let voices crowd the room where only two hearts shouldu20
EdwinJsHispanic:
Poem to my mom who proved my point "You proved my point, I am a failure. but I kinda wish, you were my savior.
Wolfwoods:
The Modern Princess "you spoke so softly to me, held me close when no one else did, loved me in a way no one else dared to.
Wolfwoods:
The Pain Of Waiting "The short story would be that we fell in love, you left and I continued to wait for you.
notmeta:
balance the following equation - alumoinum chlorate --> alumninum chloride + oxyg
notmeta:
If \(P(A) = 0.4\), \(P(B) = 0.7\), and \(P(A \cap B) = 0.2\), what is the value o
2 hours ago
5 Replies
0 Medals
1 day ago
4 Replies
0 Medals
1 day ago
6 Replies
2 Medals
2 days ago
11 Replies
3 Medals
3 days ago
7 Replies
2 Medals
2 days ago
4 Replies
1 Medal
3 days ago
9 Replies
3 Medals