revenue model
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Please help with the following questions regarding calculus and analysis.
Revenue: Two models, R1 and R2, are given for the revenue (in billions of dollars per year) for a large corporation.
Both models are estimates of revenues for 2004-2008, with t = 4 corresponding to the year 2004.
Which model is projecting the greatest revenue?
How much more revenue does that model project for the four year period?
R1(x) = 7.21 + 0.26t + 0.02t^2, R2(x) = 7.21 + 0.1t + 0.01t^2
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The posting helps with a question involving business calculus and revenue. This solution compares the two revenue models for a large corporation. The solution is detailed and well presented.
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Business Calculus re: Revenue
Revenue: Two models, R1 and R2, are given for the revenue (in billions of dollars per year) for a large corporation. Both models are estimates of revenues for 2004-2008, with t = 4 corresponding to the year 2004. Which model ...
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