[Solved] As advances in technology result in the production of increasingly powerful and compact calculators, the price of calculators currently on the
Question: As advances in technology result in the production of increasingly powerful and compact calculators, the price of calculators currently on the market drops. Suppose that x months from now the price of a certain model will be
\(P(x)=40+\frac{30}{x+1}\) dollars.
- What will the price be 5 months from now?
- By how much will the price drop during the fifth month?
- When will the price be $43?
- What happens to the price in the "long run" (as x becomes very large)?
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