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

Based on the data in the table, for which product does the price eventually exceed all others, and why? (1 point)

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

Product 1, because the function is exponential

Explanation:

An exponential function, such as f(x) = 3^x, grows very quickly.

Answer: Product 1, because the function is exponential