Examlex

Solved

The Number of People Who Donated to a Certain Organization D(t)=10.82t3+209.508t2167.402t+9774.134D ( t ) = - 10.82 t ^ { 3 } + 209.508 t ^ { 2 } - 167.402 t + 9774.134

question 70

Multiple Choice

The number of people who donated to a certain organization between 1975 and 1992 can be modeled by the equation D(t) =10.82t3+209.508t2167.402t+9774.134D ( t ) = - 10.82 t ^ { 3 } + 209.508 t ^ { 2 } - 167.402 t + 9774.134 donors, where t is the number of years after 1975. Find the inflection point(s) from t=0t = 0 through t=17t = 17 , if any exist.


Definitions:

Producer Surplus

The difference between the amount a producer is willing to accept for a good compared to what they actually receive, generally representing the benefit to producers from participating in the market.

Tariff Revenue

Revenue generated by a government from imposing taxes on imported goods.

Consumer Surplus

The variance between what consumers are prepared and capable of paying for a product or service and the actual amount they pay.

Deadweight Loss

The decrease in economic effectiveness that happens when there's a failure to achieve or an inability to achieve equilibrium for a particular good or service.

Related Questions