Studies indicate that t years from now, the population of a certain country will be p =

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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


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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 → ∞)? 

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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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