Trade. An economist found that the volume of trade T (in millions of dollars) between two cities in a given year varied (approximately) jointly as the GDPs M1 and M2 (in millions of dollars) of the...

Trade. An economist found that the volume of trade T (in millions of dollars) between two cities in a given year varied (approximately) jointly as the GDPs M1 and M2 (in millions of dollars) of the two cities for the given year and varied inversely as the distance d (in thousands of kilometers) between them. The equation suggested by his model is T1M1, M2, d2 = 0.005 M1M2 d Find T12, 9, 0.362.

Dec 02, 2021
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