In Exercises 17, use the Chapter 4 Tech Card to answer the questions from the real-life scenarios.
Employer Labor Costs Based on data from 1995 to 1999, the average annual earnings in the paper and allied products manufacturing industry may be modeled by
E(t) = 1335t + 39,408 dollars per employee and the average number of employees in the same industry may be modeled by
N(t) = t3 + 5.571t2 − 12.29t + 684.9
thousand employees
where t is the number of years since 1995.
In 1999, at what rate was employer spending on paper and allied products manufacturing industry employee earnings increasing?
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