The price function p ( t ) = 4 − C e − 0.2 t is the general solution of the differential equation d p d t = 0.8 − 0.2 p and evaluate the equilibrium price p ¯ .

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Answer 1

Question

Chapter 9.1, Problem 62E

(A)

To determine

To show: The price function p(t)=4−Ce−0.2t is the general solution of the differential equation dpdt=0.8−0.2p and evaluate the equilibrium price p¯.

(B)

To determine

To graph: The particular solutions satisfying the initial conditions p(0)=2 and p(0)=8.

(C)

To determine

To discuss: The long-term behavior of the price of the product.

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Answer 2

Question

Chapter 9.1, Problem 62E

(A)

To determine

To show: The price function p(t)=4−Ce−0.2t is the general solution of the differential equation dpdt=0.8−0.2p and evaluate the equilibrium price p¯.

(B)

To determine

To graph: The particular solutions satisfying the initial conditions p(0)=2 and p(0)=8.

(C)

To determine

To discuss: The long-term behavior of the price of the product.

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Answer 3

Question

Chapter 9.1, Problem 62E

(A)

To determine

To show: The price function p(t)=4−Ce−0.2t is the general solution of the differential equation dpdt=0.8−0.2p and evaluate the equilibrium price p¯.

(B)

To determine

To graph: The particular solutions satisfying the initial conditions p(0)=2 and p(0)=8.

(C)

To determine

To discuss: The long-term behavior of the price of the product.

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Answer 4

Question

Chapter 9.1, Problem 62E

(A)

To determine

To show: The price function p(t)=4−Ce−0.2t is the general solution of the differential equation dpdt=0.8−0.2p and evaluate the equilibrium price p¯.

(B)

To determine

To graph: The particular solutions satisfying the initial conditions p(0)=2 and p(0)=8.

(C)

To determine

To discuss: The long-term behavior of the price of the product.

Expert Solution & Answer

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Answer 5

Chapter 9.1, Problem 62E

(A)

To determine

To show: The price function p(t)=4−Ce−0.2t is the general solution of the differential equation dpdt=0.8−0.2p and evaluate the equilibrium price p¯.

(B)

To determine

To graph: The particular solutions satisfying the initial conditions p(0)=2 and p(0)=8.

(C)

To determine

To discuss: The long-term behavior of the price of the product.

Answer 6

Chapter 9.1, Problem 62E

(A)

To determine

To show: The price function p(t)=4−Ce−0.2t is the general solution of the differential equation dpdt=0.8−0.2p and evaluate the equilibrium price p¯.

Answer 7

Chapter 9.1, Problem 62E

(A)

To determine

To show: The price function p(t)=4−Ce−0.2t is the general solution of the differential equation dpdt=0.8−0.2p and evaluate the equilibrium price p¯.

Answer 8

(B)

To determine

To graph: The particular solutions satisfying the initial conditions p(0)=2 and p(0)=8.

Answer 9

(B)

To determine

To graph: The particular solutions satisfying the initial conditions p(0)=2 and p(0)=8.

Answer 10

(C)

To determine

To discuss: The long-term behavior of the price of the product.

Answer 11

(C)

To determine

To discuss: The long-term behavior of the price of the product.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

Ch. 9.1 - Show that y=Cx+1 is the general solution of the...Ch. 9.1 - Prob. 2MP Ch. 9.1 - Prob. 3MP Ch. 9.1 - Prob. 4MP Ch. 9.1 - Prob. 5MP Ch. 9.1 - Prob. 1ED Ch. 9.1 - Prob. 2ED Ch. 9.1 - Prob. 1E Ch. 9.1 - Prob. 2E Ch. 9.1 - Prob. 3E

The price function p ( t ) = 4 − C e − 0.2 t is the general solution of the differential equation d p d t = 0.8 − 0.2 p and evaluate the equilibrium price p ¯ .

Solution Summary: The author explains how the price function p(t)=4-Ce-0.2t is the general solution of the differential equation and evaluates the equilibrium price.

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To show: The price function p(t)=4−Ce−0.2t is the general solution of the differential equation dpdt=0.8−0.2p and evaluate the equilibrium price p¯.

To graph: The particular solutions satisfying the initial conditions p(0)=2 and p(0)=8.

To discuss: The long-term behavior of the price of the product.

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