<< Chapter < Page Chapter >> Page >

Algebraic

For the following exercises, identify whether the statement represents an exponential function. Explain.

The average annual population increase of a pack of wolves is 25.

Got questions? Get instant answers now!

A population of bacteria decreases by a factor of 1 8 every 24 hours.

exponential; the population decreases by a proportional rate. .

Got questions? Get instant answers now!

The value of a coin collection has increased by 3.25 % annually over the last 20 years.

Got questions? Get instant answers now!

For each training session, a personal trainer charges his clients $ 5 less than the previous training session.

not exponential; the charge decreases by a constant amount each visit, so the statement represents a linear function. .

Got questions? Get instant answers now!

The height of a projectile at time t is represented by the function h ( t ) = 4.9 t 2 + 18 t + 40.

Got questions? Get instant answers now!

For the following exercises, consider this scenario: For each year t , the population of a forest of trees is represented by the function A ( t ) = 115 ( 1.025 ) t . In a neighboring forest, the population of the same type of tree is represented by the function B ( t ) = 82 ( 1.029 ) t . (Round answers to the nearest whole number.)

Which forest’s population is growing at a faster rate?

The forest represented by the function B ( t ) = 82 ( 1.029 ) t .

Got questions? Get instant answers now!

Which forest had a greater number of trees initially? By how many?

Got questions? Get instant answers now!

Assuming the population growth models continue to represent the growth of the forests, which forest will have a greater number of trees after 20 years? By how many?

After t = 20 years, forest A will have 43 more trees than forest B.

Got questions? Get instant answers now!

Assuming the population growth models continue to represent the growth of the forests, which forest will have a greater number of trees after 100 years? By how many?

Got questions? Get instant answers now!

Discuss the above results from the previous four exercises. Assuming the population growth models continue to represent the growth of the forests, which forest will have the greater number of trees in the long run? Why? What are some factors that might influence the long-term validity of the exponential growth model?

Answers will vary. Sample response: For a number of years, the population of forest A will increasingly exceed forest B, but because forest B actually grows at a faster rate, the population will eventually become larger than forest A and will remain that way as long as the population growth models hold. Some factors that might influence the long-term validity of the exponential growth model are drought, an epidemic that culls the population, and other environmental and biological factors.

Got questions? Get instant answers now!

For the following exercises, determine whether the equation represents exponential growth, exponential decay, or neither. Explain.

y = 220 ( 1.06 ) x

exponential growth; The growth factor, 1.06 , is greater than 1.

Got questions? Get instant answers now!

y = 11 , 701 ( 0.97 ) t

exponential decay; The decay factor, 0.97 , is between 0 and 1.

Got questions? Get instant answers now!

For the following exercises, find the formula for an exponential function that passes through the two points given.

( 0 , 6 ) and ( 3 , 750 )

Got questions? Get instant answers now!

( 0 , 2000 ) and ( 2 , 20 )

f ( x ) = 2000 ( 0.1 ) x

Got questions? Get instant answers now!

( 1 , 3 2 ) and ( 3 , 24 )

Got questions? Get instant answers now!

( 2 , 6 ) and ( 3 , 1 )

f ( x ) = ( 1 6 ) 3 5 ( 1 6 ) x 5 2.93 ( 0.699 ) x

Got questions? Get instant answers now!

( 3 , 1 ) and ( 5 , 4 )

Got questions? Get instant answers now!

For the following exercises, determine whether the table could represent a function that is linear, exponential, or neither. If it appears to be exponential, find a function that passes through the points.

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
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply
Practice Key Terms 4

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Precalculus. OpenStax CNX. Jan 19, 2016 Download for free at https://legacy.cnx.org/content/col11667/1.6
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Precalculus' conversation and receive update notifications?

Ask