DEMAND FOR HYBRID CARS A car dealer determines that if gasoline-electric hybrid automobiles are sold for x dollars apiece and the price of gasoline is y cents per gallon, then approximately H hybrid cars will be sold each year, where H(x, y) = 3,500 19x¹/² + 6(0.1y + 16) ³/2 She estimates that t years from now, the hybrid cars will be selling for x(t) = 35,050 + 350t dollars apiece and that gasoline will cost y(t) = 300 + 10(3t)¹/² cents per gallon. At what rate will the annual demand for hybrid cars be changing with respect to time 3 years from now? Will it be increasing or decreasing?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
icon
Related questions
Question
72. DEMAND FOR HYBRID CARS A car dealer
determines that if gasoline-electric hybrid
automobiles are sold for x dollars apiece and the
price of gasoline is y cents per gallon, then
approximately H hybrid cars will be sold each
year, where
H(x, y) = 3,500 - 19x¹/² + 6(0.1y + 16)³/2
She estimates that t years from now, the hybrid
cars will be selling for
x(t) = 35,050 + 350t
dollars apiece and that gasoline will cost
y(t) = 300 + 10(3t)¹/2
cents per gallon. At what rate will the annual
demand for hybrid cars be changing with respect
to time 3 years from now? Will it be increasing or
decreasing?
Transcribed Image Text:72. DEMAND FOR HYBRID CARS A car dealer determines that if gasoline-electric hybrid automobiles are sold for x dollars apiece and the price of gasoline is y cents per gallon, then approximately H hybrid cars will be sold each year, where H(x, y) = 3,500 - 19x¹/² + 6(0.1y + 16)³/2 She estimates that t years from now, the hybrid cars will be selling for x(t) = 35,050 + 350t dollars apiece and that gasoline will cost y(t) = 300 + 10(3t)¹/2 cents per gallon. At what rate will the annual demand for hybrid cars be changing with respect to time 3 years from now? Will it be increasing or decreasing?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 17 images

Blurred answer
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning