Question

A company launches two new products. The market price, in dollars, of the two products after a different number of years, x, is shown in the following table: Product Function Year 1 (dollars) Year 2 (dollars) Year 3 (dollars) Product 1 f(x) = 3x 3 9 27 Product 2 g(x) = x2 + 4 5 8 13 Based on the data in the table, for which product does the price eventually exceed all others, and why? Product 1, because the function is exponential Product 2, because the function is exponential Product 1, because it has a greater start value Product 2, because it has a greater Year 3 value

Answer 1

Answer:

A. Product 1, because the function is exponential

Step-by-step explanation:

Product 1's price is increasing at a larger exponential rate than Product 2, and options C and D are obviously incorrect.