A Population Is Modeled by the Function

question 14

Multiple Choice

A population is modeled by the function . For what value of N is the population growing at the fastest rate? Round your answer to two decimal places, if necessary.
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Definitions:

Profits

The financial gain achieved when the revenues from business operations exceed the expenses, costs, and taxes involved in sustaining the operation.

Opportunity Costs

The value of the best alternative that is foregone when a different option is chosen.

Special Order

A one-time order that is not considered part of the company’s normal ongoing business.

Capacity

The maximum output that a business can produce in a given period with available resources.