The owner of Mujur Café estimates that the café's revenue has grown exponentially represented by the dR function R'(t) = Cekt, where t is time (month) and k is a constant growth (note: R'(t) = or it is the dt" rate of growth of revenue function). If it is assumed that R'(0) = Rp 50,000,000 per month and R'(1) = Rp 60,000,000 per month, then

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Find the value of C and k ! (5 points) [hint: use the condition at R'(0) = Rp 50,000,000 to find C,
and then use the information R'(1) = Rp 60,000,000 to solve for k]
Transcribed Image Text:Find the value of C and k ! (5 points) [hint: use the condition at R'(0) = Rp 50,000,000 to find C, and then use the information R'(1) = Rp 60,000,000 to solve for k]
The owner of Mujur Café estimates that the café's revenue has grown exponentially represented by the
dR
function R'(t) = Cekt, where t is time (month) and k is a constant growth (note: R'(t) :
or it is the
dt
=
rate of growth of revenue function). If it is assumed that R'(0) = Rp 50,000,000 per month and R'(1) =
Rp 60,000,000 per month, then
Transcribed Image Text:The owner of Mujur Café estimates that the café's revenue has grown exponentially represented by the dR function R'(t) = Cekt, where t is time (month) and k is a constant growth (note: R'(t) : or it is the dt = rate of growth of revenue function). If it is assumed that R'(0) = Rp 50,000,000 per month and R'(1) = Rp 60,000,000 per month, then
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