Question 9 ( :) The demand for nurses in the US between 2000 and 2015 is estimated to be: D(t) = 0.7t2 + 0.265t + 2000 thousand where 0


Question 9 (<br>:) The demand for nurses in the US between 2000 and 2015 is estimated to be:<br>D(t) = 0.7t2 + 0.265t + 2000 thousand<br>where 0 <t< 15, and t = 0 corresponds to year 2000.<br>The number of nurses in the US between 2000 and 2015 is estimated to be:<br>S(t) = 0.14t2 + 0.326t + 1900 thousand<br>where 0 <t< 15, and t = 0 corresponds to year 2000.<br>a) Find D(8) and interpret.<br>b) Find S(8) and interpret.<br>c) Find S(8)/D(8) and interpret.<br>d) Find D'(t).<br>e) Find S'(t).<br>f) Find and interpret D'(8). Make sure to state the correct units.<br>g) Find and interpret S'(8). Make sure to state the correct units.<br>h) Let q(t) = S(t)/D(t). Find and interpret q'(8). (You do not need to find q'(t) for general t)<br>i) In marginal analysis, you would use q' (8) to estimate what quantity? Find the exact value of that quantity<br>and compare with q'(8).<br>

Extracted text: Question 9 ( :) The demand for nurses in the US between 2000 and 2015 is estimated to be: D(t) = 0.7t2 + 0.265t + 2000 thousand where 0 <>< 15,="" and="" t="0" corresponds="" to="" year="" 2000.="" the="" number="" of="" nurses="" in="" the="" us="" between="" 2000="" and="" 2015="" is="" estimated="" to="" be:="" s(t)="0.14t2" +="" 0.326t="" +="" 1900="" thousand="" where="" 0=""><>< 15,="" and="" t="0" corresponds="" to="" year="" 2000.="" a)="" find="" d(8)="" and="" interpret.="" b)="" find="" s(8)="" and="" interpret.="" c)="" find="" s(8)/d(8)="" and="" interpret.="" d)="" find="" d'(t).="" e)="" find="" s'(t).="" f)="" find="" and="" interpret="" d'(8).="" make="" sure="" to="" state="" the="" correct="" units.="" g)="" find="" and="" interpret="" s'(8).="" make="" sure="" to="" state="" the="" correct="" units.="" h)="" let="" q(t)="S(t)/D(t)." find="" and="" interpret="" q'(8).="" (you="" do="" not="" need="" to="" find="" q'(t)="" for="" general="" t)="" i)="" in="" marginal="" analysis,="" you="" would="" use="" q'="" (8)="" to="" estimate="" what="" quantity?="" find="" the="" exact="" value="" of="" that="" quantity="" and="" compare="" with="">

Jun 11, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here