M04_SULL6651_09_AIE_C04.QXD 9/30/10 11:32 AM Page 271 Linear and Quadratic Functions Outline 4.1 Linear Functions and Their Properties 4.2 Linear Models:Building Linear Functions from Data 4.3 Quadratic Functions and Their Properties 4.4 Build Quadratic Models from Verbal Descriptions and from Data 4.5 Inequalities Involving Quadratic Functions • • • • Chapter Review Chapter Test Cumulative Review Chapter Projects The Beta of a Stock Investing in the stock market can be rewarding and fun, but how does one go about selecting which stocks to purchase? Financial investment firms hire thousands of analysts who track individual stocks (equities) and assess the value of the underlying company. One measure the analysts consider is the beta of the stock. Beta measures the relative risk of an individual company’s equity to that of a market basket of stocks, such as the Standard & Poor’s 500. But how is beta computed? —See the Internet-based Chapter Project— Up to now, our discussion has focused on graphs of equations and functions. We learned how to graph equations using the point-plotting method, intercepts, and the tests for symmetry. In addition, we learned what a function is and how to identify whether a relation represents a function. We also discussed properties of functions, such as domain/range, increasing/decreasing, even/odd, and average rate of change. Going forward, we will look at classes of functions. In this chapter, we focus on linear and quadratic functions, their properties, and applications. 271 M04_SULL6651_09_AIE_C04.QXD 272 9/30/10 11:32 AM Page 272 CHAPTER 4 Linear and Quadratic Functions 4.1 Linear Functions and Their Properties PREPARING FOR THIS SECTION Before getting started, review the following: • Functions (Section 3.1, pp. 200–208) • The Graph of a Function (Section 3.2, pp. 214–217) • Properties of Functions (Section 3.3, pp. 222–230) • Lines (Section 2.3, pp. 167–175) • Graphs of Equations in Two Variables; Intercepts; Symmetry (Section 2.2, pp. 157–164) • Linear Equations (Section 1.1, pp. 82–87) Now Work the ‘Are You Prepared?’ problems on page 278. OBJECTIVES 1 Graph Linear Functions (p. 272) 2 Use Average Rate of Change to Identify Linear Functions (p. 272) 3 Determine Whether a Linear Function Is Increasing, Decreasing, or Constant (p. 275) 4 Build Linear Models from Verbal Descriptions (p. 276) 1 Graph Linear Functions In Section 2.3 we discussed lines. In particular, for nonvertical lines we developed the slope–intercept form of the equation of a line y = mx + b. When we write the slope–intercept form of a line using function notation, we have a linear function. DEFINITION A linear function is a function of the form f1x2 = mx + b The graph of a linear function is a line with slope m and y-intercept b. Its domain is the set of all real numbers. Functions that are not linear are said to be nonlinear. EXAMPL E 1 Graphing a Linear Function Graph the linear function: Solution Figure 1 y (0, 7) Δx 1 This is a linear function with slope m = -3 and y-intercept b = 7. To graph this function, we plot the point 10, 72, the y-intercept, and use the slope to find an additional point by moving right 1 unit and down 3 units. See Figure 1. 䊉 Δy 3 5 Alternatively, we could have found an additional point by evaluating the function at some x Z 0. For x = 1, we find f112 = -3112 + 7 = 4 and obtain the point 11, 42 on the graph. (1, 4) 3 1 Now Work 1 3 f1x2 = -3x + 7 PROBLEMS 13(a) AND (b) 5 x 2 Use Average Rate of Change to Identify Linear Functions Look at Table 1, which shows certain values of the independent variable x and corresponding values of the dependent variable y for the function f1x2 = - 3x + 7. Notice that as the value of the independent variable, x, increases by 1 the value of the dependent variable y decreases by 3. That is, the average rate of change of y with respect to x is a constant, -3. M04_SULL6651_09_AIE_C04.QXD 9/30/10 11:32 AM Page 273 SECTION 4.1 Linear Functions and Their Properties Table 1 x y ⴝ f (x) ⴝ ⴚ3x ⴙ 7 -2 13 Average Rate of Change ⴝ 273 ≤y ≤x -3 10 - 13 = = -3 1 - 1 - 1- 22 -1 10 7 - 10 -3 = = -3 1 0 - 1- 12 0 7 1 4 -3 -3 2 1 3 -2 -3 It is not a coincidence that the average rate of change of the linear function ¢y f1x2 = - 3x + 7 is the slope of the linear function. That is, = m = -3. The ¢x following theorem states this fact. THEOREM Average Rate of Change of a Linear Function Linear functions have a constant average rate of change. That is, the average rate of change of a linear function f1x2 = mx + b is ¢y = m ¢x Proof The average rate of change of f1x2 = mx + b from x1 to x2, x1 Z x2, is 1mx2 + b2 - 1mx1 + b2 f1x22 - f1x12 ¢y = = x2 - x1 x2 - x1 ¢x m1x x 2 mx2 - mx1 2 1 = = = m x2 - x1 x2 - x1 䊏 Based on the theorem just proved, the average rate of change of the function 2 2 g1x2 = - x + 5 is - . 5 5 Now Work PROBLEM 13(C) As it turns out, only linear functions have a constant average rate of change. Because of this, we can use the average rate of change to determine whether a function is linear or not. This is especially useful if the function is defined by a data set. EXAMPL E 2 Using the Average Rate of Change to Identify Linear Functions (a) A strain of E-coli Beu 397-recA441 is placed into a Petri dish at 30° Celsius and allowed to grow. The data shown in Table 2 on page 274 are collected. The population is measured in grams and the time in hours. Plot the ordered pairs 1x, y2 in the Cartesian plane and use the average rate of change to determine whether the function is linear. M04_SULL6651_09_AIE_C04.QXD 274 9/30/10 11:32 AM Page 274 CHAPTER 4 Linear and Quadratic Functions (b) The data in Table 3 represent the maximum number of heartbeats that a healthy individual should have during a 15-second interval of time while exercising for different ages. Plot the ordered pairs 1x, y2 in the Cartesian plane and use the average rate of change to determine whether the function is linear. Table 2 Table 3 Time (hours), x Population (grams), y (x, y) Age, x Maximum Number of Heartbeats, y (x, y) 0 0.09 (0, 0.09) 20 50 (20, 50) 1 0.12 (1, 0.12) 30 47.5 (30, 47.5) 2 0.16 (2, 0.16) 40 45 (40, 45) 3 0.22 (3, 0.22) 50 42.5 (50, 42.5) 4 0.29 (4, 0.29) 60 40 (60, 40) 5 0.39 (5, 0.39) 70 37.5 (70, 37.5) Source: American Heart Association Solution Compute the average rate of change of each function. If the average rate of change is constant, the function is linear. If the average rate of change is not constant, the function is nonlinear. (a) Figure 2 shows the points listed in Table 2 plotted in the Cartesian plane. Notice that it is impossible to draw a straight line that contains all the points. Table 4 displays the average rate of change of the population. Figure 2 Table 4 Population (grams), y y 0.4 Time (hours), x Population (grams), y 0 0.09 Average Rate of Change ⴝ ≤y ≤x 0.12 - 0.09 = 0.03 1 - 0 0.3 1 0.2 0.12 0.04 0.1 2 0 1 2 3 4 Time (hours), x 5 0.16 x 0.06 3 0.22 0.07 4 0.29 0.10 5 0.39 Because the average rate of change is not constant, we know that the function is not linear. In fact, because the average rate of change is increasing as the value of the independent variable increases, the function is increasing at an increasing rate. So not only is the population increasing over time, but it is also growing more rapidly as time passes. (b) Figure 3 shows the points listed in Table 3 plotted in the Cartesian plane. We can see that the data in Figure 3 lie on a straight line. Table 5 contains the average rate of change of the maximum number of heartbeats. The average rate of change of the heartbeat data is constant, - 0.25 beat per year, so the function is linear. M04_SULL6651_09_AIE_C04.QXD 9/30/10 11:32 AM Page 275 SECTION 4.1 Linear Functions and Their Properties Figure 3 Table 5 y Heart beats 50 Age, x Maximum Number of Heartbeats, y 20 50 Average Rate of Change ⴝ 275 ≤y ≤x 47.5 - 50 = - 0.25 30 - 20 45 30 47.5 - 0.25 40 40 45 - 0.25 20 30 40 50 60 70 x 50 42.5 Age - 0.25 60 40 - 0.25 70 37.5 䊉 Now Work PROBLEM 21 3 Determine Whether a Linear Function Is Increasing, Decreasing, or Constant Look back at the Seeing the Concept on page 169. When the slope m of a linear function is positive 1m 7 02, the line slants upward from left to right. When the slope m of a linear function is negative 1m 6 02, the line slants downward from left to right. When the slope m of a linear function is zero 1m = 02, the line is horizontal. THEOREM Increasing, Decreasing, and Constant Linear Functions A linear function f1x2 = mx + b is increasing over its domain if its slope, m, is positive. It is decreasing over its domain if its slope, m, is negative. It is constant over its domain if its slope, m, is zero. EXAMPL E 3 Determining Whether a Linear Function Is Increasing, Decreasing, or Constant Determine whether the following linear functions are increasing, decreasing, or constant. (a) f1x2 = 5x - 2 3 (c) s1t2 = t - 4 4 Solution (b) g1x2 = -2x + 8 (d) h1z2 = 7 (a) For the linear function f1x2 = 5x - 2, the slope is 5, which is positive. The function f is increasing on the interval 1- q , q 2. (b) For the linear function g1x2 = - 2x + 8, the slope is -2, which is negative. The function g is decreasing on the interval 1- q , q 2. 3 3 (c) For the linear function s1t2 = t - 4, the slope is , which is positive. The 4 4 function s is increasing on the interval 1- q , q 2. (d) We can write the linear function h as h1z2 = 0z + 7. Because the slope is 0, the function h is constant on the interval 1- q , q 2. 䊉 Now Work PROBLEM 13 (d) M04_SULL6651_09_AIE_C04.QXD 276 9/30/10 11:32 AM Page 276 CHAPTER 4 Linear and Quadratic Functions 4 Build Linear Models from Verbal Descriptions When the average rate of change of a function is constant, we can use a linear function to model the relation between the two variables. For example, if your phone company charges you $0.07 per minute to talk regardless of the number of minutes used, we can model the relation between the cost C and minutes used x as the linear 0.07 dollar function C1x2 = 0.07x, with slope m = . 1 minute Modeling with a Linear Function If the average rate of change of a function is a constant m, a linear function f can be used to model the relation between the two variables as follows: f1x2 = mx + b where b is the value of f at 0, that is, b = f102. EXAMPL E 4 Straight-line Depreciation Book value is the value of an asset that a company uses to create its balance sheet. Some companies depreciate their assets using straight-line depreciation so that the value of the asset declines by a fixed amount each year. The amount of the decline depends on the useful life that the company places on the asset. Suppose that a company just purchased a fleet of new cars for its sales force at a cost of $28,000 per car. The company chooses to depreciate each vehicle using the straight-line method over $28,000 7 years. This means that each car will depreciate by = $4000 per year. 7 (a) Write a linear function that expresses the book value V of each car as a function of its age, x. (b) Graph the linear function. (c) What is the book value of each car after 3 years? (d) Interpret the slope. (e) When will the book value of each car be $8000? [Hint: Solve the equation V1x2 = 8000.] Solution Figure 4 v 28,000 (a) If we let V1x2 represent the value of each car after x years, then V102 represents the original value of each car, so V102 = $28,000. The y-intercept of the linear function is $28,000. Because each car depreciates by $4000 per year, the slope of the linear function is -4000. The linear function that represents the book value V of each car after x years is V1x2 = -4000x + 28,000 Book value ($) 24,000 (b) Figure 4 shows the graph of V. (c) The book value of each car after 3 years is 20,000 16,000 V132 = -4000132 + 28,000 = $16,000 12,000 8000 4000 1 2 3 4 5 6 7 x Age of vehicle (years) (d) Since the slope of V1x2 = - 4000x + 28,000 is - 4000, the average rate of change of book value is -$4000/year. So for each additional year that passes the book value of the car decreases by $4000. M04_SULL6651_09_AIE_C04.QXD 9/30/10 11:32 AM Page 277 SECTION 4.1 Linear Functions and Their Properties 277 (e) To find when the book value will be $8000, solve the equation V1x2 = 8000 -4000x + 28,000 = 8000 - 4000x = - 20,000 x = Subtract 28,000 from each side. - 20,000 = 5 Divide by -4000. -4000 The car will have a book value of $8000 when it is 5 years old. Now Work EXAMPL E 5 PROBLEM 䊉 45 Supply and Demand The quantity supplied of a good is the amount of a product that a company is willing to make available for sale at a given price. The quantity demanded of a good is the amount of a product that consumers are willing to purchase at a given price. Suppose that the quantity supplied, S, and quantity demanded, D, of cellular telephones each month are given by the following functions: S1p2 = 60p - 900 D1p2 = - 15p + 2850 where p is the price (in dollars) of the telephone. (a) The equilibrium price of a product is defined as the price at which quantity supplied equals quantity demanded. That is, the equilibrium price is the price at which S1p2 = D1p2. Find the equilibrium price of cellular telephones. What is the equilibrium quantity, the amount demanded (or supplied) at the equilibrium price? (b) Determine the prices for which quantity supplied is greater than quantity demanded. That is, solve the inequality S1p2 7 D1p2. (c) Graph S = S1p2, D = D1p2 and label the equilibrium price. Solution (a) To find the equilibrium price, solve the equation S1p2 = D1p2. 60p - 900 = -15p + 2850 S1p2 = 60p - 900; D (p) = -15p + 2850 60p = - 15p + 3750 Add 900 to each side. 75p = 3750 Add 15p to each side. p = 50 Divide each side by 75. The equilibrium price is $50 per cellular phone. To find the equilibrium quantity, evaluate either S1p2 or D1p2 at p = 50. S1502 = 601502 - 900 = 2100 The equilibrium quantity is 2100 cellular phones. At a price of $50 per phone, the company will produce and sell 2100 phones each month and have no shortages or excess inventory. (b) The inequality S1p2 7 D1p2 is 60p - 900 60p 75p p 7 7 7 7 -15p + 2850 S1p2 7 D1p2 - 15p + 3750 Add 900 to each side. 3750 Add 15p to each side. 50 Divide each side by 75. If the company charges more than $50 per phone, quantity supplied will exceed quantity demanded. In this case the company will have excess phones in inventory. M04_SULL6651_09_AIE_C04.QXD 278 9/30/10 11:32 AM Page 278 CHAPTER 4 Linear and Quadratic Functions (c) Figure 5 shows the graphs of S = S1p2 and D = D1p2 with the equilibrium point labeled. S, D Quantity Supplied, Quantity Demanded Figure 5 S S(p) 3000 (0, 2850) Equilibrium point (50, 2100) 2000 D D(p) 1000 (15, 0) 50 100 p Price ($) 䊉 Now Work 39 PROBLEM 4.1 Assess Your Understanding ‘Are You Prepared?’ Answers are given at the end of these exercises. If you get a wrong answer, read the pages listed in red. 1. Graph y = 2x - 3. (pp. 157–164) 2. Find the slope of the line joining the points 12, 52 and 1- 1, 32. (pp. 167–175) 3. Find the average rate of change of f1x2 = 3x2 - 2, from 2 to 4. (pp. 222–230) 4. Solve: 60x - 900 = - 15x + 2850. (pp. 82–87) 5. If f1x2 = x2 - 4, find f1- 22. (pp. 200–208) 6. True or False The graph of the function f1x2 = x2 is increasing on the interval 10, q 2. (pp. 214–217) Concepts and Vocabulary 7. For the graph of the linear function f1x2 = mx + b, m is the and b is the . 10. True or False The slope of a nonvertical line is the average rate of change of the linear function. 8. For the graph of the linear function H1z2 = -4z + 3, the slope is and the y-intercept is . 11. True or False If the average rate of change of a linear func2 tion is , then if y increases by 3, x will increase by 2. 3 12. True or False The average rate of change of f1x2 = 2x + 8 is 8. 9. If the slope m of the graph of a linear function is , the function is increasing over its domain. Skill Building In Problems 13–20, a linear function is given. (a) (b) (c) (d) Determine the slope and y-intercept of each function. Use the slope and y-intercept to graph the linear function. Determine the average rate of change of each function. Determine whether the linear function is increasing, decreasing, or constant. 13. f1x2 = 2x + 3 17. f1x2 = 1 x - 3 4 14. g1x2 = 5x - 4 15. h1x2 = -3x + 4 16. p1x2 = -x + 6 2 18. h1x2 = - x + 4 3 19. F1x2 = 4 20. G1x2 = - 2 In Problems 21–28, determine whether the given function is linear or nonlinear. If it is linear, determine the slope. 21. y ⴝ f (x) x 22. x y ⴝ f (x) 23. x y ⴝ f (x) 24. x y ⴝ f (x) -2 4 -2 1/4 -2 -8 -2 -4 -1 1 -1 1/2 -1 -3 -1 0 0 -2 0 1 0 0 0 4 1 -5 1 2 1 1 1 8 2 -8 2 4 2 0 2 12 M04_SULL6651_09_AIE_C04.QXD 9/30/10 11:32 AM Page 279 SECTION 4.1 Linear Functions and Their Properties 25. 26. y ⴝ f (x) 27. x y ⴝ f (x) -4 -2 -1 - 3.5 0 -3 -2 1 - 10 2 x y ⴝ f (x) -2 - 26 -2 -1 -4 0 2 1 2 x 28. 279 x y ⴝ f (x) 8 -2 0 -1 8 -1 1 0 8 0 4 - 2.5 1 8 1 9 -2 2 8 2 16 Applications and Extensions 29. Suppose that f1x2 = 4x - 1 and g1x2 = -2x + 5. (a) Solve f1x2 = 0. (b) Solve f1x2 7 0. (c) Solve f1x2 = g1x2. (d) Solve f1x2 … g1x2. (e) Graph y = f1x2 and y = g1x2 and label the point that represents the solution to the equation f1x2 = g1x2. 30. Suppose that f1x2 = 3x + 5 and g1x2 = -2x + 15. (a) Solve f1x2 = 0. (b) Solve f1x2 6 0. (c) Solve f1x2 = g1x2. (d) Solve f1x2 Ú g1x2. (e) Graph y = f1x2 and y = g1x2 and label the point that represents the solution to the equation f1x2 = g1x2. 31. In parts (a)–(f), use the following figure. y y ⫽ f (x ) 34. In parts (a) and (b), use the following figure. y y ⫽ f(x) (2, 5) x y ⫽ g(x) (a) Solve the equation: f1x2 = g1x2. (b) Solve the inequality: f1x2 … g1x2. 35. In parts (a) and (b), use the following figure. y ⫽ f(x) y (88, 80) (0, 12) (40, 50) (5, 12) y ⫽ h (x) x (⫺40, 0) x (⫺6,⫺5) (a) Solve f1x2 = 50. (c) Solve f1x2 = 0. (e) Solve f1x2 … 80. (b) Solve f1x2 = 80. (d) Solve f1x2 7 50. (f) Solve 0 6 f1x2 6 80. 32. In parts (a)–(f), use the following figure. y y ⫽ g(x ) (0,⫺5) y ⫽ g (x) (a) Solve the equation: f1x2 = g1x2. (b) Solve the inequality: g1x2 … f1x2 6 h1x2. 36. In parts (a) and (b), use the following figure. y (⫺15, 60) (0, 7) y ⫽ h (x ) (⫺4, 7) (5, 20) x (15, 0) x (a) Solve g1x2 = 20. (c) Solve g1x2 = 0. (e) Solve g1x2 … 60. (b) Solve g1x2 = 60. (d) Solve g1x2 7 20. (f) Solve 0 6 g1x2 6 60. 33. In parts (a) and (b) use the following figure. y ⫽ f (x) y y ⫽ g(x) (⫺4, 6) x (a) Solve the equation: f1x2 = g1x2. (b) Solve the inequality: f1x2 7 g1x2. (0, ⫺8) (7,⫺8) y ⫽ g (x ) y ⫽ f(x) (a) Solve the equation: f1x2 = g1x2. (b) Solve the inequality: g1x2 6 f1x2 … h1x2. 37. Car Rentals The cost C, in dollars, of renting a moving truck for a day is modeled by the function C1x2 = 0.25x + 35, where x is the number of miles driven. (a) What is the cost if you drive x = 40 miles? (b) If the cost of renting the moving truck is $80, how many miles did you drive? (c) Suppose that you want the cost to be no more than $100. What is the maximum number of miles that you can drive? (d) What is the implied domain of C? M04_SULL6651_09_AIE_C04.QXD 280 9/30/10 11:32 AM Page 280 CHAPTER 4 Linear and Quadratic Functions 38. Phone Charges The monthly cost C, in dollars, for international calls on a certain cellular phone plan is modeled by the function C1x2 = 0.38x + 5, where x is the number of minutes used. (a) What is the cost if you talk on the phone for x = 50 minutes? (b) Suppose that your monthly bill is $29.32. How many minutes did you use the phone? (c) Suppose that you budget yourself $60 per month for the phone. What is the maximum number of minutes that you can talk? (d) What is the implied domain of C if there are 30 days in the month? 39. Supply and Demand Suppose that the quantity supplied S and quantity demanded D of T-shirts at a concert are given by the following functions: S1p2 = -200 + 50p D1p2 = 1000 - 25p where p is the price of a T-shirt. (a) Find the equilibrium price for T-shirts at this concert. What is the equilibrium quantity? (b) Determine the prices for which quantity demanded is greater than quantity supplied. (c) What do you think will eventually happen to the price of T-shirts if quantity demanded is greater than quantity supplied? 40. Supply and Demand Suppose that the quantity supplied S and quantity demanded D of hot dogs at a baseball game are given by the following functions: S1p2 = - 2000 + 3000p D1p2 = 10,000 - 1000p where p is the price of a hot dog. (a) Find the equilibrium price for hot dogs at the baseball game.What is the equilibrium quantity? (b) Determine the prices for which quantity demanded is less than quantity supplied. (c) What do you think will eventually happen to the price of hot dogs if quantity demanded is less than quantity supplied? 41. Taxes The function T1x2 = 0.151x - 83502 + 835 represents the tax bill T of a single person whose adjusted gross income is x dollars for income between $8350 and $33,950, inclusive, in 2009. Source: Internal Revenue Service (a) What is the domain of this linear function? (b) What is a single filer’s tax bill if adjusted gross income is $20,000? (c) Which variable is independent and which is dependent? (d) Graph the linear function over the domain specified in part (a). (e) What is a single filer’s adjusted gross income if the tax bill is $3707.50? 42. Luxury Tax In 2002, major league baseball signed a labor agreement with the players. In this agreement, any team whose payroll exceeded $136.5 million in 2006 had to pay a luxury tax of 40% (for second offenses). The linear function T1p2 = 0.401p - 136.52 describes the luxury tax T of a team whose payroll was p (in millions of dollars). Source: Major League Baseball (a) What is the implied domain of this linear function? (b) What was the luxury tax for the New York Yankees whose 2006 payroll was $171.1 million? (c) Graph the linear function. (d) What is the payroll of a team that pays a luxury tax of $11.7 million? The point at which a company’s profits equal zero is called the company’s break-even point. For Problems 43 and 44, let R represent a company’s revenue, let C represent the company’s costs, and let x represent the number of units produced and sold each day. (a) Find the firm’s break-even point; that is, find x so that R = C. (b) Find the values of x such that R1x2 7 C1x2.This represents the number of units that the company must sell to earn a profit. 43. R1x2 = 8x C1x2 = 4.5x + 17,500 44. R1x2 = 12x C1x2 = 10x + 15,000 45. Straight-line Depreciation Suppose that a company has just purchased a new computer for $3000. The company chooses to depreciate the computer using the straight-line method over 3 years. (a) Write a linear model that expresses the book value V of the computer as a function of its age x. (b) What is the implied domain of the function found in part (a)? (c) Graph the linear function. (d) What is the book value of the computer after 2 years? (e) When will the computer have a book value of $2000? 46. Straight-line Depreciation Suppose that a company has just purchased a new machine for its manufacturing facility for $120,000. The company chooses to depreciate the machine using the straight-line method over 10 years. (a) Write a linear model that expresses the book value V of the machine as a function of its age x. (b) What is the implied domain of the function found in part (a)? (c) Graph the linear function. (d) What is the book value of the machine after 4 years? (e) When will the machine have a book value of $72,000? 47. Cost Function The simplest cost function is the linear cost function, C1x2 = mx + b, where the y-intercept b represents the fixed costs of operating a business and the slope m represents the cost of each item produced. Suppose that a small bicycle manufacturer has daily fixed costs of $1800 and each bicycle costs $90 to manufacture. (a) Write a linear model that expresses the cost C of manufacturing x bicycles in a day. (b) Graph the model. (c) What is the cost of manufacturing 14 bicycles in a day? (d) How many bicycles could be manufactured for $3780? 48. Cost Function Refer to Problem 47. Suppose that the landlord of the building increases the bicycle manufacturer’s rent by $100 per month. (a) Assuming that the manufacturer is open for business 20 days per month, what are the new daily fixed costs? (b) Write a linear model that expresses the cost C of manufacturing x bicycles in a day with the higher rent. (c) Graph the model. (d) What is the cost of manufacturing 14 bicycles in a day? (e) How many bicycles can be manufactured for $3780? M04_SULL6651_09_AIE_C04.QXD 9/30/10 11:32 AM Page 281 SECTION 4.1 Linear Functions and Their Properties 49. Truck Rentals A truck rental company rents a truck for one day by charging $29 plus $0.07 per mile. (a) Write a linear model that relates the cost C, in dollars, of renting the truck to the number x of miles driven. (b) What is the cost of renting the truck if the truck is driven 110 miles? 230 miles? 281 50. Long Distance A phone company offers a domestic long distance package by charging $5 plus $0.05 per minute. (a) Write a linear model that relates the cost C, in dollars, of talking x minutes. (b) What is the cost of talking 105 minutes? 180 minutes? Mixed Practice 51. Developing a Linear Model from Data The following data represent the price p and quantity demanded per day q of 24" LCD monitor. 52. Developing a Linear Model from Data The following data represent the various combinations of soda and hot dogs that Yolanda can buy at a baseball game with $60. Price, p (in dollars) Quantity Demanded, q Soda, s Hot Dogs, h 150 100 20 0 200 80 15 3 250 60 10 6 300 40 5 9 (a) Plot the ordered pairs 1s, h2 in a Cartesian plane. (b) Show that the number of hot dogs purchased h is a linear function of the number of sodas purchased s. (c) Determine the linear function that describes the relation between s and h. (d) What is the implied domain of the linear function? (e) Graph the linear function in the Cartesian plane drawn in part (a). (f) Interpret the slope. (g) Interpret the values of the intercepts. (a) Plot the ordered pairs 1p, q2 in a Cartesian plane. (b) Show that quantity demanded q is a linear function of the price p. (c) Determine the linear function that describes the relation between p and q. (d) What is the implied domain of the linear function? (e) Graph the linear function in the Cartesian plane drawn in part (a). (f) Interpret the slope. (g) Interpret the values of the intercepts. Explaining Concepts: Discussion and Writing 53. Which of the following functions might have the graph shown? (More than one answer is possible.) (a) f1x2 = 2x - 7 y (b) g1x2 = - 3x + 4 (c) H1x2 = 5 (d) F1x2 = 3x + 4 1 x (e) G1x2 = x + 2 2 54. Which of the following functions might have the graph shown? (More than one answer is possible.) (a) f1x2 = 3x + 1 y (b) g1x2 = -2x + 3 (c) H1x2 = 3 (d) F1x2 = -4x - 1 x 2 (e) G1x2 = - x + 3 3 55. Under what circumstances is a linear function f1x2 = mx + b odd? Can a linear function ever be even? 56. Explain how the graph of f1x2 = mx + b can be used to solve mx + b 7 0. ‘Are You Prepared?’ Answers 1. 2. y 2 2 2 (0,3) 2 x (1,1) 2 3 3. 18 4. 5506 5. 0 6. True
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