Answer:
The multiplicative rate of change is
Step-by-step explanation:
You are given the function
First, use the following property of exponents
So, your function is
If the exponential function is written in the form
then b is the multiplicative rate of change for this exponential function.
In your case, the multiplicative rate of change is
Answer: 3 million barrels
Step-by-step explanation:
Given :- Total crude oil= 60 million barrels
Quantity of gasoline = 34% of total crude oil
Quantity of diesel = 29% of total crude oil
Clearly, Quantity of gasoline is more than Quantity of diesel
difference = Quantity of gasoline-Quantity of diesel
Therefore, The production of gasoline is 3 million barrels more than diesel last year.