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The amount spent by a consumer on nondurable goods can be modeled as n ( x ) = - 1 . 1 + 1 .

The amount spent by a consumer on nondurable goods can be modeled as
n(x)=-1.1+1.64lnx thousand dollars
and the amount spent on motor vehicles can be modeled as
m(x)=1.62(1.26x) hundred dollars
where x thousand dollars is the amount spent by that same consumer for all personal consumption. +(Note: Use the concept of inverse functions or models.)
where m is the amount spent on motor vehicles. (Round all numerical values to three decimal places.)
x(m)=4.327ln(m)-2.087, thousand dollars
n(x(m))=1.64ln(|4.327ln(m)-2.087|)-1.1, thousand dollars
(c) How much is spent on nondurable goods by somebody who spends $350 on his or her motor vehicle? (Round your answer to three decimal places.)
$
x thousand
At what rate is this amount changing with respect to motor vehicle spending? (Round your answer to three decimal places.)
$
thousand per hundred dollars
Write a sentence of interpretation for the results.
A consumer who spends $350 on his or her motor velles w $
thousand on nondurable goods. At the $350 level of spending on motor vehicles, the amount spent on nondurable goods is increasing
by $
thousand per hundred dollars increase in spending on motor vehicles.
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