Dally oil production from Mexico 5 national oil company can

Last updated: 1/19/2023

Dally oil production from Mexico 5 national oil company can be approximated by q t 0 015 t 2 0 1 t 5 11 quad text million barrels 8 leq t leq 13 where t is time in years since the start of 2000 At the start of 2010 the price of oil was 86 per barrel and decreasing at a rate of 19 per year How fast was the company s daily oil revenue changing at that time The daily revenue was at a rate of dollars per year Remember that q t is measured in millions of barrels so you will need to account for this in your revenue calculations