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

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
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3. 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
(A
SES
0800.M
02
B) The model R, projects greater revenue than R,.
$8.65 billion
C) The model R projects greater revenue than R, .
$7.65 billion
D) The model R, projects greater revenue than R, .
$11.65 billion
E) The model R, projects greater revenue than R,.
$17.65 billion
CA
4. Find the area of the region bounded by the graphs of the algebraic functions.
Transcribed Image Text:3. 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 (A SES 0800.M 02 B) The model R, projects greater revenue than R,. $8.65 billion C) The model R projects greater revenue than R, . $7.65 billion D) The model R, projects greater revenue than R, . $11.65 billion E) The model R, projects greater revenue than R,. $17.65 billion CA 4. Find the area of the region bounded by the graphs of the algebraic functions.
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