factory has installed a new process that will produce an increased n thousands of dollars per year) of 2 (1) = 300 – 0 .5 e+1 uhere t is time measured in years. The new process produces addit housands of dollars per year) at the rate of C(1) = 2 el+1 ind the net total savings. lote: Round up all the decimal numbers in all the steps not just the xample: if you get (3+1.005 = 3+2 = 5) or (50 + 1.5= 50+2 = 52) ro ny step of the calculations. D a) 4 O b) 170 O c) 435 O d) 763 e) 835
factory has installed a new process that will produce an increased n thousands of dollars per year) of 2 (1) = 300 – 0 .5 e+1 uhere t is time measured in years. The new process produces addit housands of dollars per year) at the rate of C(1) = 2 el+1 ind the net total savings. lote: Round up all the decimal numbers in all the steps not just the xample: if you get (3+1.005 = 3+2 = 5) or (50 + 1.5= 50+2 = 52) ro ny step of the calculations. D a) 4 O b) 170 O c) 435 O d) 763 e) 835
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Question 6
A factory has installed a new process that will produce an increased rate of revenue
(in thousands of dollars per year) of
R (t) = 300 – 0 .5 e+1
where t is time measured in years. The new process produces additional costs (in
thousands of dollars per year) at the rate of
C (t) = 2 et+1
Find the net total savings.
Note: Round up all the decimal numbers in all the steps not just the final answer.
Example: if you get (3+1.005 = 3+2 = 5) or (50 + 1.5= 50+2 = 52) round it up to 2 in
any step of the calculations.
a) 4
O b) 170
c) 435
d) 763
e) 835](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1dc29c33-e48c-4d0e-85cd-011afc934949%2F4f0619ed-38ed-4eb8-b78c-60f98de05261%2Fqquf2hw_processed.png&w=3840&q=75)
Transcribed Image Text:Question 6
A factory has installed a new process that will produce an increased rate of revenue
(in thousands of dollars per year) of
R (t) = 300 – 0 .5 e+1
where t is time measured in years. The new process produces additional costs (in
thousands of dollars per year) at the rate of
C (t) = 2 et+1
Find the net total savings.
Note: Round up all the decimal numbers in all the steps not just the final answer.
Example: if you get (3+1.005 = 3+2 = 5) or (50 + 1.5= 50+2 = 52) round it up to 2 in
any step of the calculations.
a) 4
O b) 170
c) 435
d) 763
e) 835
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