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The Millcreek watershed area was heavily strip-mined for coal during the late 1960s. Because of the resulting pollution, the streams cannot support fish. Suppose the cost C of obtaining stream water that contains p percent of the current pollution levels is given by . Because p is the percent of current pollution levels,
. Use the restriction on p and determine a range for C so that an accurate graph can be obtained with a graphing utility. Describe what happens to the cost as p takes on positive values near 0.
Account Balances
The amount of money in an account at a specific point in time, reflecting all transactions.
Credits
An accounting entry that either decreases assets or increases liabilities and equity on the company's balance sheet.
Debits
An entry recorded on the left side of a double-entry bookkeeping system that increases asset and expense accounts, and decreases liability, equity, and revenue accounts.
Journal
A chronological record of all the financial transactions of a business, used for the process of accounting.
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