A product is introduced and t months later, its unit price is p(t) hundred dollars, where a.

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A product is introduced and t months later, its unit price is p(t) hundred dollars, where


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a. For what values of t is the price increasing? When is it decreasing?


b. When is the price decreasing most rapidly?


c. What happens to the price in the long run (as t → + ∞)?

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Related Book For  answer-question

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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