For t in years since 2010, daily oil consumption in China, in thousands of barrels, was approximated by' B = 8938e0.05t. (a) Is daily oil consumption increasing or decreasing with time? Increasing (b) How fast is oil consumption changing at time t? NOTE: Enter the exact answer. thousand barrels per year Based on /www.eia.gov/cfapps/ipdbproject/ Accessed May 2015.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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For t in years since 2010, daily oil consumption in China, in
1
thousands of barrels, was approximated by' B = 8938e0.05t
(a) Is daily oil consumption increasing or decreasing with time?
Increasing
(b) How fast is oil consumption changing at time t?
NOTE: Enter the exact answer.
thousand barrels per year
Based on /www.eia.gov/cfapps/ipdbproject/ Accessed May 2015.
eTextbook and Media
Transcribed Image Text:For t in years since 2010, daily oil consumption in China, in 1 thousands of barrels, was approximated by' B = 8938e0.05t (a) Is daily oil consumption increasing or decreasing with time? Increasing (b) How fast is oil consumption changing at time t? NOTE: Enter the exact answer. thousand barrels per year Based on /www.eia.gov/cfapps/ipdbproject/ Accessed May 2015. eTextbook and Media
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