A cost-benefit model expresses cost of an undertaking in terms of benefits received. One such model gives
Question:
A cost-benefit model expresses cost of an undertaking in terms of benefits received. One such model gives the cost, in thousands of dollars, to remove x percent of a pollutant as
Another model produces the relationship
(a) What is the cost found by averaging the two models?(b) Using the two given models and the answer to part (a), find the cost to the nearest thousand dollars to remove 95% (x = 95) of the pollutant.(c) Average the two costs in part (b) from the given models, to the nearest thousand dollars. Compare this result with the cost obtained using the average of the two models.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Intermediate Algebra
ISBN: 9780134895987
13th Edition
Authors: Margaret Lial, John Hornsby, Terry McGinnis
Question Posted: