The price per barrel of crude oil in the period 1980–2013, in constant 2014 dollars, can be approximated by P(t) = 0.27t2 − 8.6t + 93 dollars (0 ≤ t ≤ 33), where t is time in years since the start of 1980.† Find P'(t) and P'(25). P'(t)=       P'(25)= $  __________per year What does the second answer tell you about the price of crude oil?  The price of a barrel of crude oil was increasing at a rate of $ ________ per year in________  .

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
Problem 1TU: If a coffee filter is dropped, its velocity after t seconds is given by v(t)=4(10.0003t) feet per...
icon
Related questions
Question
The price per barrel of crude oil in the period 1980–2013, in constant 2014 dollars, can be approximated by
P(t) = 0.27t2 − 8.6t + 93 dollars (0 ≤ t ≤ 33),
where t is time in years since the start of 1980.† Find P'(t) and P'(25).
P'(t)=
 
 
 
P'(25)= $  __________per year
What does the second answer tell you about the price of crude oil? 
The price of a barrel of crude oil was increasing at a rate of $ ________ per year in________  .
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning