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The Total Numbers of Navy Personnel N (In Thousands)and Marines N(t)=0.193t33.88t2+15.9t+370N ( t ) = 0.193 t ^ { 3 } - 3.88 t ^ { 2 } + 15.9 t + 370

question 52

Multiple Choice

The total numbers of Navy personnel N (in thousands) and Marines personnel M (in thousands) from 2000 through 2007 can be approximated by the models​ N(t) =0.193t33.88t2+15.9t+370N ( t ) = 0.193 t ^ { 3 } - 3.88 t ^ { 2 } + 15.9 t + 370 and M(t) =0.033t30.21t2+1.7t+171M ( t ) = 0.033 t ^ { 3 } - 0.21 t ^ { 2 } + 1.7 t + 171 ​ where t represents the year,with t = 0 corresponding to 2000.

Find and interpret (N+M) (t) ( N + M ) ( t ) .


Definitions:

Marginal Cost

The additional cost incurred by producing one more unit of a product or service, critical for decision-making in production and pricing strategies.

Demand Function

A mathematical expression showing the relationship between the quantity of a good demanded by consumers and its price.

Edited

Modified or changed, especially to correct or improve a text, film, or recording.

Typeset

The arrangement and composition of text material with a variety of fonts, sizes, and styles for printing or digital display.

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