As advances in technology result in the production of increasingly powerful and compact calculators
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.
a. What will the price be 5 months from now?
b. By how much will the price drop during the fifth month?
c. When will the price be $43?
d. What happens to the price in the “long run” (as x becomes very large)?
Price: $2.99
Solution: The answer consists of 2 pages
Type of Deliverable: Word Document
Type of Deliverable: Word Document
