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In: Economics

In the 1990s the demand for personal computers in the home went up with household income....

In the 1990s the demand for personal computers in the home went up with household income. For a given community in the 1990s, the average number of computers in a home could be approximated by

q = 0.3452 ln x − 3.046      10,000 ≤ x ≤ 125,000

where x is mean household income. A certain community had a mean income of $30,000, increasing at a rate of $3,000 per year. How many computers per household were there? (Round your answer to four decimal places.)

_________ computers per household

How fast was the number of computers in a home increasing? (Round your answer to four decimal places.)

_____________computers per household per year

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