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This module is from Elementary Algebra</link>by Denny Burzynski and Wade Ellis, Jr. Methods of solving quadratic equations as well as the logic underlying each method are discussed. Factoring, extraction of roots, completing the square, and the quadratic formula are carefully developed. The zero-factor property of real numbers is reintroduced. The chapter also includes graphs of quadratic equations based on the standard parabola, y = x^2, and applied problems from the areas of manufacturing, population, physics, geometry, mathematics (numbers and volumes), and astronomy, which are solved using the five-step method.Objectives of this module: become more proficient at using the five-step method for solving applied problems.

Overview

  • The Five-Step Method
  • Examples

The five-step method

We are now in a position to study some applications of quadratic equations. Quadratic equations can arise from a variety of physical (applied) and mathematical (logical) problems.

We will, again, apply the five-step method for solving word problems.

Five-step method of solving word problems

  • Step 1:   Let x (or some other letter) represent the unknown quantity.
  • Step 2:   Translate the verbal expression to mathematical symbols and form an equation.
  • Step 3:   Solve this equation.
  • Step 4:   Check the solution by substituting the result into the equation found in step 2.
  • Step 5:   Write a conclusion.

Remember, step 1 is very important.

ALWAYS START BY INTRODUCING A VARIABLE.

Once the quadratic equation is developed (step 2), try to solve it by factoring. If factoring doesn’t work, use the quadratic formula. A calculator may help to make some of the calculations a little less tedious.

Sample set a

A producer of personal computer mouse covers determines that the number N of covers sold is related to the price x of a cover by N = 35 x x 2 . At what price should the producer price a mouse cover in order to sell 216 of them?

Step  1 : Let x = the price of a mouse cover . Step  2 : Since N is to be 216, the equation is 216 = 35 x x 2 Step  3 : 216 = 35 x x 2 Rewrite in standard form . x 2 35 x + 216 = 0 Try factoring . ( x 8 ) ( x 27 ) = 0 x 8 = 0 o r x 27 = 0 x = 8 o r x = 27 Check these potential solutions . Step  4 : If x = 8 , If x = 27 , 35 · 8 8 2 = 216 Is this correct? 35 · 27 27 2 = 216 Is this correct? 280 64 = 216 Is this correct? 945 729 = 216 Is this correct? 216 = 216 Yes, this is correct . 216 = 216 Yes, this is correct . These solutions check . Step 5 : The computer mouse covers can be priced at either $8 or $27 in order to sell 216 of them .

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Practice set a

A manufacturer of cloth personal computer dust covers notices that the number N of covers sold is related to the price of covers by N = 30 x x 2 . At what price should the manufacturer price the covers in order to sell 216 of them?

Step 1:


Step 2:


Step 3:




Step 4:




Step 5:   In order to sell 216 covers, the manufacturer should price them at either or .

12 or 18

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It is estimated that t years from now the population of a particular city will be

P = t 2 24 t + 96 , 000.

How many years from now will the population be 95,865?

Step 1:


Step 2:


Step 3:




Step 4:




Step 5:

In 9 and 15 years, the population of the city will be 95,865.

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Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
explain standard reason why economic is a science
innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:  OpenStax, Elementary algebra. OpenStax CNX. May 08, 2009 Download for free at http://cnx.org/content/col10614/1.3
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