Studies indicate that t years from now, the population of a certain country will be p =
Question:
Studies indicate that t years from now, the population of a certain country will be p = 0.2t + 1,500 thousand people, and that the gross earnings of the country will be E million dollars, where
a. Express the per capita earnings of the country P = E/p as a function of time t.
b. What happens to the per capita earnings in the long run (as t → ∞)?
Transcribed Image Text:
E(t) = √91² + 0.5t + 179
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a Since the units of p are thousands and the ...View the full answer
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Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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