A country's daily oil production can be approximated by q(t) = 0.015t2 − 0.6t + 5.25 million barrels (8 ≤ t ≤ 13) where t is time in years since the start of 2000. At the start of 2010 the price of oil was $82 per barrel and decreasing at a rate of $28 per year. How fast was (daily) oil revenue changing at that time?

A country's daily oil production can be approximated by q(t) = 0.015t2 − 0.6t + 5.25 million barrels (8 ≤ t ≤ 13) where t is time in years since the start of 2000. At the start of 2010 the price of oil was $82 per barrel and decreasing at a rate of $28 per year. How fast was (daily) oil revenue changing at that time?

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter5: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 39CT: The population P (in millions) of Texas from 2001 through 2014 can be approximated by the model...

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