I need help in the following question:(adsbygoogle = window.adsbygoogle || []).push({});

"The rate of increase of the rate of Inflation is decreasing" Write this sentence in terms of derivatives of average prices.

My answer: Let p=price

t= time

therefore, Rate of change of price = dp/dt = Inflation = I

therefore, rate of increase of the rate of Inflation = I'

therefore, I' = (d^2p)/(dt^2)

Since the rate of increase of the rate of Inflation is decreasing;

I' = - (d^2p)/(dt^2)

I just like to ask whether this is correct.

Thanks.

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# Homework Help: Need help in derivatives! (Urgent)

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