Between 2006 and 2016, the number of applications for patents,
a) Find the function that satisfies this equation. Assume that
b) Estimate the number of patent applications in 2021.
c) Estimate the rate of change in the number of patent applications in 2021.
a)
b) The number of patent applications in 2021 will be (Round to the nearest whole number as needed.)
c) The rate of change in the number of patent applications in 2021 is about (Round to the nearest whole number as needed.)
To estimate the rate of change in the number of patent applications in 2021, we differentiate the function
Step 1 :The given differential equation is a first order linear differential equation. The general solution to this type of equation is given by
Step 2 :Substituting the given values into the equation, we get the function that satisfies the equation as
Step 3 :To estimate the number of patent applications in 2021, we substitute
Step 4 :To estimate the rate of change in the number of patent applications in 2021, we differentiate the function