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9. The GDP of a developing country is described by the function: G(t) = -0.2t³ + 2.4t2 + 60, 0st<8 where t is in years. In what year is the rate of change in the GDP at a maximum? (point of diminishing returns)

9. The GDP of a developing country is described by the function: G(t) = -0.2t³ + 2.4t2 + 60, 0st<8 where t is in years. In what year is the rate of change in the GDP at a maximum? (point of diminishing returns)

Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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9. The GDP of a developing country is described by the function: G(t) = -0.2t³ + 2.4t2 + 60, 0 st<8 where t is in years. In what year is the rate of change in the GDP at a maximum? (point of diminishing returns)
Transcribed Image Text:9. The GDP of a developing country is described by the function: G(t) = -0.2t³ + 2.4t2 + 60, 0 st<8 where t is in years. In what year is the rate of change in the GDP at a maximum? (point of diminishing returns)
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