E, the current value of the gross regional domestic expenditure; P, the number of people living in poverty; and • F, the average number of household members in a family. In particular, C = 100 + -EP where e denotes Euler's number. It is known that the gross regional domestic expenditure is decreasing at the rate of PhP 50 per year; while the number of people living in poverty and the average number of household members in a family are increasing at the rate of 3 and 1 person per year, respectively. How fast does the consumer price index change per year when E = 1000, P = 200, and F = 5? [b]

E, the current value of the gross regional domestic expenditure; P, the number of people living in poverty; and • F, the average number of household members in a family. In particular, C = 100 + -EP where e denotes Euler's number. It is known that the gross regional domestic expenditure is decreasing at the rate of PhP 50 per year; while the number of people living in poverty and the average number of household members in a family are increasing at the rate of 3 and 1 person per year, respectively. How fast does the consumer price index change per year when E = 1000, P = 200, and F = 5? [b]

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.1: Exponential Functions

Problem 3SE: The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but...

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