A model for the US average price of a pound of white sugar from 1993 to 2003 is given by the function S(t) = -0.00003237t5+0.0009037t-0.0089564 + 0.03629t2 - 0.04458t + 0.4074 where t is measured in years since August of 1993. Estimate the times when sugar was cheapest and most expensive during the period 1993-2003.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 2E
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A model for the US average price of a pound of white sugar from 1993 to 2003 is given
by the function
S(t) = -0.00003237t + 0.0009037t- 0.008956t + 0.03629t² - 0.04458t
+0.4074
where t is measured in years since August of 1993. Estimate the times when sugar
was cheapest and most expensive during the period 1993-2003.
Transcribed Image Text:A model for the US average price of a pound of white sugar from 1993 to 2003 is given by the function S(t) = -0.00003237t + 0.0009037t- 0.008956t + 0.03629t² - 0.04458t +0.4074 where t is measured in years since August of 1993. Estimate the times when sugar was cheapest and most expensive during the period 1993-2003.
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