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The price of products may increase due to inflation and decrease due to depreciation. Marco is studying the change in the price

likoan [24]

Answer:

A) 3%

B) Product A

Step-by-step explanation:

Exponential Function

General form of an exponential function: $y=ab^x$

where:

a is the initial value (y-intercept)
b is the base (growth/decay factor) in decimal form
x is the independent variable
y is the dependent variable

If b > 1 then it is an increasing function

If 0 < b < 1 then it is a decreasing function

Part A

Product A

Assuming the function for Product A is exponential:

$f(x) = 0.69(1.03)^x$

The base (b) is 1.03. As b > 1 then it is an increasing function.

To calculate the percentage increase/decrease, subtract 1 from the base:

⇒ 1.03 - 1 = 0.03 = 3%

Therefore, product A is increasing by 3% each year.

Part B

$\sf percentage\:change=\dfrac{final\:value-initial\:value}{initial\:value} \times 100$

To calculate the percentage change in Product B, use the percentage change formula with two consecutive values of f(t) from the given table:

$\implies \sf percentage\:change=\dfrac{10201-10100}{10100}\times 100=1\%$

Check using different two consecutive values of f(t):

$\implies \sf percentage\:change=\dfrac{10303.01-10201}{10201}\times 100=1\%$

Therefore, as 3% > 1%, Product A recorded a greater percentage change in price over the previous year.

Although the question has not asked, we can use the given information to easily create an exponential function for Product B.

Given:

a = 10,100
b = 1.01
n = t - 1 (as the initial value is for t = 1 not t = 0)

$\implies f(t) = 10100(1.01)^{t-1}$

To check this, substitute the values of t for 1 through 4 into the found function:

$\implies f(1) = 10100(1.01)^{1-1}=10100$

$\implies f(2) = 10100(1.01)^{2-1}=10201$

$\implies f(3) = 10100(1.01)^{3-1}=10303.01$

$\implies f(4) = 10100(1.01)^{4-1}=10406.04$

As these values match the values in the given table, this confirms that the found function for Product B is correct and that Product B increases by 1% per year.

4 0

2 years ago

3(x + 1) - (x-3) = 12 I need help I don’t I understand

balandron [24]

Answer:

3

Step-by-step explanation:

3x+3-x+3=12

3x-x=12-3-3

2x=6

x=6/2

x=3

4 0

3 years ago

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0.00456 scientific notation

taurus [48]

Answer:

4.56 × 10^ − 3

Step-by-step explanation:

Move the decimal so there is one non-zero digit to the left of the decimal point. The number of decimal places you move will be the exponent on the 10 . If the decimal is being moved to the right, the exponent will be negative. If the decimal is being moved to the left, the exponent will be positive.

3 0

3 years ago

83. 6 in a complex number

grin007 [14]

Answer:

83.6 is a real number

Step-by-step explanation:

Since 83.6 83.6 is a real number, it is the real part (a) of the complex number a+bi a + b i . A real number does not contain any imaginary parts, so the value of b b is 0 0 . The answer is 83.6+0i 83.6 + 0 i

5 0

3 years ago

the graph of F(x), shown below in pink, has the same shape as the graph of G(x) = x^2, shown in gray. Which of the following is

rusak2 [61]

The education is (x-h)^2 + k ands the vertex is (h,k)

7 0

3 years ago

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