Concept explainers
Households The number N (in millions) of households in the United States from 2000 through 2014 can be approximated by
(a) Describe the transformation of the parent
(b) Find the average rate of change of the function from 2000 to 2014. Interpret your answer in the context of the problem.
(c) Use the model to predict the number of households in the United States in 2022. Does your answer seem reasonable? Explain.
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Trigonometry (MindTap Course List)
- Changing Water Levels The graph shows the depth of water W in a reservoir over a one-year period as a function of the number of days x since the beginning of the year. What was the average rate of change of W between x=100 and x=200?arrow_forwardPopulation Growth The projected population of the United States for the years 2025 through 2055 can be modeled by P=307.58e0.0052t, where P is the population (in millions) and t is the time (in years), with t=25 corresponding to 2025. (a) Use a graphing utility to graph the function for the years 2025 through 2055. (b) Use the table feature of the graphing utility to create a table of values for the same time period as in part (a). (c) According to the model, during what year will the population of the United States exceed 430 million?arrow_forwardMaximum Sales Growth This is a continuation of Exercise 10. In this exercise, we determine how the sales level that gives the maximum growth rate is related to the limit on sales. Assume, as above, that the constant of proportionality is 0.3, but now suppose that sales grow to a level of 4 thousand dollars in the limit. a. Write an equation that shows the proportionality relation for G. b. On the basis of the equation from part a, make a graph of G as a function of s. c. At what sales level is the growth rate as large as possible? d. Replace the limit of 4 thousand dollars with another number, and find at what sales level the growth rate is as large as possible. What is the relationship between the limit and the sales level that gives the largest growth rate? Does this relationship change if the proportionality constant is changed? e. Use your answers in part d to explain how to determine the limit if we are given sales data showing the sales up to a point where the growth rate begins to decrease.arrow_forward
- Sales Growth In this exercise, we develop a model for the growth rate G, in thousands of dollars per year, in sales of the product as a function of the sales level s, in thousands of dollars. The model assumes that there is a limit to the total amount of sales that can be attained. In this situation, we use the term unattained sales for difference this limit and the current sales level. For example, if we expect sales grow to 3 thousand dollars in the long run, then 3-s is the unattained sales. The model states that the growth rate G is proportional to the product of the sales level s, and the unattained sales. Assume that the constant of proportionality is 0.3 and that the sales grow to 2 thousand dollars in the long run. a.Find the formula for unattained sales. b.Write an equation that shows the proportionality relation for G. c.On the basis of the equation from the part b, make a graph of G as a function of s. d.At what sales level is the growth rate as large as possible? e.What is the largest possible growth rate?arrow_forwardNet Change Find the net change in the value of the function between the given inputs. g(t)=1t2; from -2 to 5arrow_forward
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