Question

11. At what rate of interest compounded continuously, will an
investment triple in 9 years?

12. The number of trees in a forest is decreasing at a rate of
6% per year. If in 2003 there were 2,500 trees, find the
exponential expression for the number of trees as a function of the
year. Letting 2003, find the number of trees in 2009.

13. A population of mice is growing at a rate proportional to
the population at a given time. If the number of mice is growing at
a rate of 7.5% per day, and there are 15 mice on January first, how
many mice will there be at the end of the month?

14. Given that the marginal cost is .2, and revenue is find
the number of items at market equilibrium. (Remember, market
equilibrium is when revenue equals cost)

Answer #1

1.
Find the
following for a savings account in which interest is compounded
continuously.
Initial Investment
Annual Rate
Time to Double
Amt. after 10 years
a.
$18,000
5.5
%
_____________
______________
b.
$12,500
_____________
20 years
______________
c.
$500
__________
___
_____________
$1,292.85
2.
The number of bacteria in a culture is increasing according to
the law of exponential
growth. There are 125 bacteria in the culture after 2 hours and
350 bacteria after 4 hours.
a.
Find the initial...

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Question 11 pts
What is the difference between positive
economics and normative economics?
Group of answer choices
Positive economics deals with dynamic systems, while normative
economics focuses on static systems.
Normative economics deals with how the world actually works,
whereas positive economics focuses on what people ought to do.
Positive economics requires making value judgments, while
normative economics relies solely on factual statements.
Normative economics applies in cases...

1. What is an ISP (Integrated Service Provider) for supply
chains? (1 point)
A. A consultant agency which integrates the supply chain for
companies
B. A 2 PL or a 3PL, but not a 4PL
C. A company supplying transportation and warehousing
services
D. A logistics service company specialized in suppling VAS (value
added
services)
2. What characterizes a 4 PL? (1 point)
A. They are non-asset based and provides integrated services
primarily
supplied by asset based providers, for example...

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