Lobsters Marjory Duffin, CEO of Duffin House, is particularly fond of having steamed lobster at working lunches with executives from OHaganBooks.com and is therefore alarmed by the fact that the yearly lobster harvest from New York’s Long Island Sound has been decreasing dramatically since 1997. Indeed, the size of the annual harvest can be approximated by
n(t) = 9.1(0.81t) million pounds
where t is time in years since 1997.
a. The model tells us that the harvest was ____ million pounds in 1997 and decreasing by ___% each year.
b. What does the model predict for the 2013 harvest?
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