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Mathematical Applications for the ...

11th Edition
Ronald J. Harshbarger + 1 other
Publisher: Cengage Learning
ISBN: 9781305108042

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BuyFindarrow_forward

Mathematical Applications for the ...

11th Edition
Ronald J. Harshbarger + 1 other
Publisher: Cengage Learning
ISBN: 9781305108042
Chapter 12.4, Problem 22E
Textbook Problem
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Suppose that the marginal propensity to consume is

d C d y = 0.04 + ln ( y + 1 ) y + 1

and that consumption is $6.04 trillion when disposable income is $0. Find the national consumption function.

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