Question
A quantity is growing exponetially: P=P(sub0)e^kt, with P(sub 0) and k constant. a) find P' b) show alegebraically that a plot of y=In(P') against
A quantity is growing exponetially: P=P(sub0)e^kt, with P(sub 0) and k constant. a) find P' b) show alegebraically that a plot of y=In(P') against t, with t on the horizontal axis, will be a line by writing it in the form In P'=A+Bt. Identify A and B c) what is the slope of the line? d) what is its vertical intercept?
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Microeconomics
Authors: Christopher T.S. Ragan, Richard G Lipsey
14th canadian Edition
321866347, 978-0321866349
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