Answered: hotel rents rooms to customers by the…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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Rosie checks the Blue Book on the rpice of a car. She finds that if the car is 3 years old it is worth about $18,000.If the car is 5 years old it is worth around $16,200. When it started depreciating it was worth $20,500. Explain how you got your answers for each of these and use sentences to expalin. a. Give an equation that models the depreciation. b. When will the car be worth less than $10,000? c. What is the rate of depreciation?
People who live in Cape Carmel major reasons for their worry is that there are many homes built at, or nearly at, sea level along the coast of Cape Carmel. The total value of these homes is more than 100 million dollars. Ice melting increases the sea level. Global sea level is measured relative to the sea level in the year 1870. If the sea level in 1870 is represented by 0 inches, then Cape Carmel sea level has risen from 1 6.8 inches to 8.4 inches in the years from 1992 to 2012. If the sea level rises to 24 inches, it will have devastating effects on the homes along the coast of Cape Carmel. Many of the Cape Carmel residents want to know if, and when, they should sell their property before it is washed away into the sea. You must help residents understand more about the rising sea level in Cape Carmel to help them predict when they should sell their homes. 11.Create a graph (carefully scaled by hand, or on Excel) that shows BOTH the linear and the exponential model over ALL of the…

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hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be ​$160 per​ night, 140 rooms will be rented. In order to rent 190 ​rooms, it must lower the price to ​$110 per night. What price must it set in order to maximize​ revenue?

hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $160 per night, 140 rooms will be rented. In order to rent 190 rooms, it must lower the price to $110 per night. What price must it set in order to maximize revenue?