Market Share The following figure shows the devastating effect the opening of a new discount department store had on an established department store in a small town. The revenue of the discount store at timet (in months) is given by 3 million dollars, whereas the revenue of the established department store at time 2 is given by g() million dollars. Answer the following questions by giving the value of tat which the specified event took place. X 46 h (a) The revenue of the established department store is decreasing at the slowest rate (H (b) The revenue of the established department store is decreasing at the fastest rate 01 () The revenue of the discount store first overtakes that of the established store OF of 01 (0) The revenue of the discount store is increasing at the fastest rate.

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Chapter1: Making Economics Decisions
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Market Share The following figure shows the devastating effect the opening of a new discount department store had on an established department store in a small town. The revenue of the
discount store at timet (in months) is given by million dollars, whereas the revenue of the established department store at time is given by g(0) million dollars Answer the following questions by
giving the value of t at which the specified event took place.
y-gd)
X
46 5
3-75
(a) The revenue of the established department store is decreasing at the slowest rate.
1-[
(b) The revenue of the established department store is decreasing at the fastest rate
(c) The revenue of the discount store first overtakes that of the established store.
Of
04
01,
(0) The revenue of the discount store is increasing at the fastest rate.
ON
Transcribed Image Text:Market Share The following figure shows the devastating effect the opening of a new discount department store had on an established department store in a small town. The revenue of the discount store at timet (in months) is given by million dollars, whereas the revenue of the established department store at time is given by g(0) million dollars Answer the following questions by giving the value of t at which the specified event took place. y-gd) X 46 5 3-75 (a) The revenue of the established department store is decreasing at the slowest rate. 1-[ (b) The revenue of the established department store is decreasing at the fastest rate (c) The revenue of the discount store first overtakes that of the established store. Of 04 01, (0) The revenue of the discount store is increasing at the fastest rate. ON
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