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erik [133]
3 years ago
10

Determine what type of model best fits the given situation: Farmer Joe has 1,000 bushels of corn to sell. Presently the market p

rice for corn is $5.00 a bushel. He expects the market price to increase by $0.15 per week. For each week he waits to sell, he loses ten bushels due to spoilage. A. none of these B. exponential C. quadratic D. linear
Mathematics
2 answers:
mart [117]3 years ago
7 0

Answer:

The correct option is;

C. Quadratic

Step-by-step explanation:

The given information are;

The quantity of corn Farmer Joe has to sell = 1,000 bushels

The present market price for corn = $5.00 a bushel

The amount by which he expects the market price to rise per week =$0.15

The number of bushels lost to spoilage per week = 10

Therefore, we have;

The value of the corn = Amount of corn left × Price of corn

The price of the corn per bushel with time = 5 + 0.15×t

The amount of corn left = 1000 - 10×t

Where;

t = Time in minutes

Therefore, the total value of corn = (1000 - 10×t)×(5 + 0.15×t) = -1.5·t²+100·t+5000 which is a quadratic model.

Therefore, the correct option is a quadratic model.

Virty [35]3 years ago
5 0
C. quadratic is the answer
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