In 2008, the price of gasoline in the United States spiked and then dropped. The average monthly

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In 2008, the price of gasoline in the United States spiked and then dropped. The average monthly price (in cents per gallon) of unleaded regular gasoline for 2008 can be approximated by the function

for 0 < t < 12, where t is in months and t = 1 corresponds to January 2008.

a. Determine the interval(s) on which the price is increasing.

b. Determine the interval(s) on which the price is decreasing.

c. Find any relative extrema for the price of gasoline, as well as when they occurred.

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Calculus With Applications

ISBN: 9780321831101

10th Edition

Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey

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