Examlex

Solved

Find the Value f(x)=100+87lnxf ( x ) = - 100 + 87 \ln x

question 455

Multiple Choice

Find the value. Give an approximation to four decimal places.
-The logarithmic function f(x) =100+87lnxf ( x ) = - 100 + 87 \ln x models the number of visitors (in millions) to a certain country's museums, where xx is the number of years since the initial recording of the number of visitors. Use this function to estimate the number of visitors in year 60 . Round to the nearest tenth of a year.


Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a open market.

Variable Costs

Variable costs are those expenses that change in proportion to the volume of goods or services that a business produces.

Cost Driver

A factor that influences or contributes to the expense of certain business operations or activities.

Support Department

Units within an organization that provide essential services or assistance to revenue-generating departments but do not directly generate revenue themselves.

Related Questions