Solution-Show that a is concave downward

Show that a is concave downward

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Reference no: EM131563214

Qusetion: Outsourcing the amount (in billions of dollars) spent by the top 15 u.s. Financial institutions on it (information technology) offshore outsourcing is projected to be

A(t) = 0.92(t + 1)^0.61 (0 ≤ t ≤ 4)

Where t is measured in years, with t = 0 corresponding to the beginning of 2004 .

A. Show that a is increasing on (0, 4) and interpret your result.

B. Show that a is concave downward on (0, 4). Interpret your result.

Reference no: EM131563214

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Show that a is concave downward

Reference no: EM131563214

Reference no: EM131563214

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