In a particularly small region in the Philippines, the consumer price index C depends on • 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 + P where e denotes Euler's number. It is known that the gross F 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] %3D %3D
In a particularly small region in the Philippines, the consumer price index C depends on • 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 + P where e denotes Euler's number. It is known that the gross F 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] %3D %3D
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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Please provide complete solutions with correct value of e.
![In a particularly small region in the Philippines, the consumer price index C depends on
• 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 + P where e denotes Euler's number. It is known that the gross
F
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]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ded81d5-d2cb-4617-b2d0-9d382af52060%2F3d5eec3f-1d4f-4807-85b9-74146531bf68%2F4rw8e4_processed.png&w=3840&q=75)
Transcribed Image Text:In a particularly small region in the Philippines, the consumer price index C depends on
• 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 + P where e denotes Euler's number. It is known that the gross
F
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]
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