The Total Worldwide Box-Office Receipts for a Long-Running Blockbuster Movie

question 217

Multiple Choice

The total worldwide box-office receipts for a long-running blockbuster movie are approximated by the function where is measured in millions of dollars and is the number of months since the movie's release.What are the total box-office receipts after the first month? The second month? The third month? What will the movie gross in the long run (when is very large) ?

• A)After the 1st month: $150 million; after the 2nd month: $103.8 million; after the 3rd month: $75 million; in the long run: $30 million.
• B)After the 1st month: $37.5 million; after the 2nd month: $103.8 million; after the 3rd month: $75 million; in the long run: $30 million.
• C)After the 1st month: $30 million; after the 2nd month: $75 million; after the 3rd month: $103.8 million; in the long run: $150 million.
• D)After the 1st month: $30 million; after the 2nd month: $75 million; after the 3rd month: $103.8 million; in the long run: $37.5 million.
• E)After the 1st month: $30 million; after the 2nd month: $75 million; after the 3rd month: $103.7 million; in the long run: $150 million.

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Definitions:

Nondefense Capital Goods

Products used by businesses to produce goods or services that are not intended for military use.

Supply Shock

An unexpected event that suddenly changes the supply of a product or commodity, resulting in an unexpected change in price.

Imported Oil

Oil that is produced outside of one's home country and brought in through international trade agreements for consumption or use.

Government Spending

Expenditures by government agencies on goods and services that influence the economy.