70. Cost of a Commodity The price p, in dollars, of a certaincommodity and the quantity x sold obey the demandequationp = -x + 200 0sxs 1000Suppose that the cost C, in dollars, of producing x units is+ 40010Assuming that all items produced are sold, find the cost Casa function of the price p.

Given: p=-15x+200, 0≤x≤1000and C=x10+400To find the Cost of a function in terms of p:

Answered: 70. Cost of a Commodity The price p, in…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter3: Functions And Graphs

Section3.5: Graphs Of Functions

Problem 36E

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Later High School Graduates This is a continuation of Exercise 16. The following table shows the number, in millions, graduating from high school in the United States in the given year. Year Number graduating in millions 2001 2.85 2003 2.98 2005 3.11 2007 3.24 a. Find the slope of the linear function modeling high school graduations, and explain in practical terms the meaning of the slope. b. Find a formula for a linear function that models these data. c. Express, using functional notation, the number graduating from high school in 2008, and then calculate the value. d. The actual number graduating from high school in 1994 was about 2.52 million. Compare this with the value given by the formula in part b and with your answer to part of Exercise 16. Which is closer to the actual value? In general terms, what was the trend in high school graduations from 1985 to 2007? 16. High School Graduates The following table shows the number, in millions, graduating from high school in the United States in the given year.16 Year Number graduating in millions 1985 2.83 1987 2.65 1989 2.47 1991 2.29 a. By calculating difference, show that these data can be modeled using a linear function. b. What is the slope for the linear function modeling high school graduations? Explain in practical terms the meaning of the slope. c. Find a formula for a linear function that models these data. d. Express, using functional notation, the number graduating from high school in 1994, and then use your formula from part c to calculate that value.
Suppose you have a job that pays $8.50 per hour and you work anywhere from 10 to 40 hours per week. a. Write an equation, with a restriction on the variable x, that gives the amount of money, y, you will earn for working x hours in one week. b. Use the function rule you have written in part (a) to complete Table 4. c. Construct a line graph from the information in Table 4. d. State the domain and range of this function.
Digital cameras A company that produces and sells digital cameras has determined that the total weekly cost C of producing x digital cameras is given by the function C(x)=1.5x2150x+4850. Determine the production level that minimizes the weekly cost for producing the digital cameras and find that weekly minimum cost.

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