Calculus (3rd Edition)

Published by W. H. Freeman
ISBN 10: 1464125260
ISBN 13: 978-1-46412-526-3

Chapter 3 - Differentiation - 3.7 The Chain Rule - Exercises - Page 147: 91

Answer

$$ −0.727\ \ \text{dollars per year}$$

Work Step by Step

Given $$P= 2C -18C^{-1} ,\ \ \ \ C = 9 + 3t^{−1} $$ Since $C(3)= 10$ and \begin{align*} \frac{dP}{dt}&= \frac{dP}{dC}\frac{dC}{dt}\\ &=( 2+18C^{-2}) (-3t^{-2}) \end{align*} Then \begin{align*} \frac{dP}{dt}\bigg|_{t=3} &=( 2+18C^{-2}(3)) (-3(3)^{-2})\\ &= \left( 2+\frac{18}{100}\right) \left(\frac{-1}{3}\right)\\ &\approx −0.727\ \ \text{dollars per year} \end{align*}
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