The population (in millions) of a country t years after 1800 is given by the function f(t). Use the graphs of f(t), f'(t), and f'"(t) given below to answer the following questions. AY 300 0.03 250 200 0.02- 0.01- 150 100 y=f(t) -0.01- 50 100 160 200 1 y=f'(t) 0.02 y=t") -0.03- 50 0 50 100 150 200 50 100 150 200 (a) What was the population in 1925? The population in 1925 was million. (b) Approximately when was the population 50 million? The population was 50 million in the year (c) How fast was the population growing in 1875? The population was growing at a rate of million people per year in 1875.

The population (in millions) of a country t years after 1800 is given by the function f(t). Use the graphs of f(t), f'(t), and f'"(t) given below to answer the following questions. AY 300 0.03 250 200 0.02- 0.01- 150 100 y=f(t) -0.01- 50 100 160 200 1 y=f'(t) 0.02 y=t") -0.03- 50 0 50 100 150 200 50 100 150 200 (a) What was the population in 1925? The population in 1925 was million. (b) Approximately when was the population 50 million? The population was 50 million in the year (c) How fast was the population growing in 1875? The population was growing at a rate of million people per year in 1875.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter5: Business And Economic Forecasting

Section: Chapter Questions

Problem 1.4CE

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