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7t+a 1. The value V of a certain good in terms of the time t is described by the function V = 7, where a and b are parameters to be determined and the time t is measured in months. Furthermore, we know that V(0) = 11 and V(8) = 2 303 29 a. Find the value of a and b. b. When will the value of the good be less than 8? c. Find in which periods of time the value of the good is increasing, and in which periods the value of the good is decreasing.

7t+a 1. The value V of a certain good in terms of the time t is described by the function V = 7, where a and b are parameters to be determined and the time t is measured in months. Furthermore, we know that V(0) = 11 and V(8) = 2 303 29 a. Find the value of a and b. b. When will the value of the good be less than 8? c. Find in which periods of time the value of the good is increasing, and in which periods the value of the good is decreasing.

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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7t+a 1. The value V of a certain good in terms of the time t is described by the function V = , where a and b are parameters to be determined and the time t is measured in months. Furthermore, we know that V(0) = 11 and V(8) = 303 a. Find the value of a and b. b. When will the value of the good be less than 8? c. Find in which periods of time the value of the good is increasing, and in which periods the value of the good is decreasing. d. What is the evolution of the value of the good in the long run?
Transcribed Image Text:7t+a 1. The value V of a certain good in terms of the time t is described by the function V = , where a and b are parameters to be determined and the time t is measured in months. Furthermore, we know that V(0) = 11 and V(8) = 303 a. Find the value of a and b. b. When will the value of the good be less than 8? c. Find in which periods of time the value of the good is increasing, and in which periods the value of the good is decreasing. d. What is the evolution of the value of the good in the long run?
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could you solve for the part D and i think they made a mistake for value a and b, the corrent value is  a=550 and b=50

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