The total accumulated costs C(i)and revenues R(t)(in thousands of dollars), respectively, for a coal mine satisfy C'(t)
Question:
C'(t) = 3 and R' (t) = 15e-01t
where t is the number of years that the mine has been in operation. Find the useful life of the mine, to the nearest year. What is the total profit accumulated during the useful life of the mine?
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To obtain the useful life set Ct Rt and solve for ...View the full answer
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Kalyan M. Ranwa
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Related Book For 
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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