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Question 10 (Essay Worth 10 points)
(08.01, 08.04 MC)

The graph below shows a company's profit f(x), in dollars, depending on the price of erasers x, in dollars, sold by the company:

Graph of quadratic function f of x having x intercepts at ordered pairs 0, 0 and 8, 0. The vertex is at 4, 270.

Part A: What do the x-intercepts and maximum value of the graph represent? What are the intervals where the function is increasing and decreasing, and what do they represent about the sale and profit? (4 points)

Part B: What is an approximate average rate of change of the graph from x = 1 to x = 4, and what does this rate represent? (3 points)

Part C: Describe the constraints of the domain. (3 points)

User Adam Young
by
4.6k points

1 Answer

1 vote

Answer:

A) intercept: 0 profit : Maximum(max) : max profit. increasing x <4 ; decreasing x > 4

B) average slope: ≈50, about $50 increasing profit for each $1 increasing in price.

User Ken Mc
by
4.1k points