Give a practical interpretation in words of the following composite function?
π
(Y(π)) , where π
gives a farmerβs revenue as a function of corn yield per acre, and π gives the corn yield as a function of the quantity, π, of fertilizer.
π (Y(π)) , where π gives a farmerβs revenue as a function of corn yield per acre, and π gives the corn yield as a function of the quantity, π, of fertilizer.
1 Answer
Nov 9, 2017
π (Y(π)) is a farmerβs revenue based on how much fertilizer they use.
Explanation:
R is the revenue that depends on the corn yield, and the corn yield depends on the amount of fertilizer. Therefore, π (Y(π)) is the revenue depending on how much fertilizer they use.
