Suppose that r(t) = r 0 e -kt , with k > 0, is the rate at
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Suppose that r(t) = r0 e-kt, with k > 0, is the rate at which a nation extracts oil, where r0 = 107 barrels/yr is the current rate of extraction. Suppose also that the estimate of the total oil reserve is 2 × 109 barrels.
a. Find Q(t), the total amount of oil extracted by the nation after t years.
b. Evaluateand explain the meaning of this limit.
c. Find the minimum decay constant k for which the total oil reserves will last forever.
d. Suppose r0 = 2 × 107 barrels/yr and the decay constant k is the minimum value found in part (c). How long will the total oil reserves last?
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Related Book For
Calculus Early Transcendentals
ISBN: 978-0321947345
2nd edition
Authors: William L. Briggs, Lyle Cochran, Bernard Gillett
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