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If the function P is graphed, find and interpret the slope of the function.

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When will the population reach 100,000?

Ten years after the model began

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What is the population in the year 12 years from the onset of the model?

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For the following exercises, consider this scenario: The weight of a newborn is 7.5 pounds. The baby gained one-half pound a month for its first year.

Find the linear function that models the baby’s weight W as a function of the age of the baby, in months, t .

W ( t ) = 0.5 t + 7.5

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Find a reasonable domain and range for the function W .

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If the function W is graphed, find and interpret the x - and y -intercepts.

( 15 , 0 ) : The x -intercept is not a plausible set of data for this model because it means the baby weighed 0 pounds 15 months prior to birth. ( 0 , 7 . 5 ) : The baby weighed 7.5 pounds at birth.

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If the function W is graphed, find and interpret the slope of the function.

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When did the baby weight 10.4 pounds?

At age 5.8 months

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What is the output when the input is 6.2?

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For the following exercises, consider this scenario: The number of people afflicted with the common cold in the winter months steadily decreased by 205 each year from 2005 until 2010. In 2005, 12,025 people were inflicted.

Find the linear function that models the number of people inflicted with the common cold C as a function of the year, t .

C ( t ) = 12 , 025 205 t

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Find a reasonable domain and range for the function C .

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If the function C is graphed, find and interpret the x - and y -intercepts.

( 58 . 7 , 0 ) : In roughly 59 years, the number of people inflicted with the common cold would be 0. ( 0 , 12 , 0 25 ) Initially there were 12,025 people afflicted by the common cold.

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If the function C is graphed, find and interpret the slope of the function.

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When will the output reach 0?

2063

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In what year will the number of people be 9,700?

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Graphical

For the following exercises, use the graph in [link] , which shows the profit, y , in thousands of dollars, of a company in a given year, t , where t represents the number of years since 1980.

Graph of a decreasing line from (15, 150) to (25, 130).  The x-axis goes from 0 to 30 in intervals of 5 and the y-axis goes from 125 to 155 in intervals of 5.

Find the linear function y , where y depends on t , the number of years since 1980.

y = 2 t +180

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Find and interpret the y -intercept.

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Find and interpret the x -intercept.

In 2070, the company’s profit will be zero.

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Find and interpret the slope.

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For the following exercises, use the graph in [link] , which shows the profit, y , in thousands of dollars, of a company in a given year, t , where t represents the number of years since 1980.

Graph of a line from (15, 150) to (25, 450).  The x-axis goes from 0 to 30 in intervals of 5 and the y-axis goes from 0 to 500 in intervals of 50.

Find the linear function y , where y depends on t , the number of years since 1980.

y = 3 0 t 3 00

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Find and interpret the y -intercept.

( 0 , 300 ) ; In 1980, the company lost $300,000.

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Find and interpret the x -intercept.

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Find and interpret the slope.

y = 30 t 300 of form y = m x + b , m = 30.

For each year after 1980, the company's profits increased $30,000 per year

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Numeric

For the following exercises, use the median home values in Mississippi and Hawaii (adjusted for inflation) shown in [link] . Assume that the house values are changing linearly.

Year Mississippi Hawaii
1950 $25,200 $74,400
2000 $71,400 $272,700

In which state have home values increased at a higher rate?

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Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
Hi
mostafa
hi
LEMLEM
hello
Sammol
hi
Mahesh
bi
Ruqayat
hi
Ruqayat
Hi fellas
Nyawa
hey
Sammol
hi
God
hello
Jahara
Good morning
Jorge
hi
abubakar
hi
Nmesoma
hi
Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
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Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, College algebra. OpenStax CNX. Feb 06, 2015 Download for free at https://legacy.cnx.org/content/col11759/1.3
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