maximum value. d. f(0) 1- 2 is the absolute minimum value and 1 is the absolute 1 4 maximum value. is the absolute maximum f(0) = 1 is the absolute minimum value and () 2 value. For a particular country, a model for the food-price index (the price of a representative "basket" of foods) from 1,993 through 2,002 is given by the function 5. 5 .3 2 ( = 0.00013t 0.000651t - 0.04688 t 0.5026 t - 1. 19t 100 where t is measured in years since January 1, 1,993, so < t< 10, and (t) is measured in 1,993 dollars and scaled such that (0) = 100 Use graphs and calculus to determine which of the following statements are true for the time period in question. Food was at its cheapest at the end of 1,994 b. Food was cheaper on January 1, 1,993 than it was at any time during 1,998. Food was more expensive on January 1, 1,993 than it was during November of 1,993. d. Food was at its most expensive sometime in 1,994. Overall, the price of food decreased by about 2% over the time period in question. a. C. e. 63 0

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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maximum value.
d.
f(0) 1- 2 is the absolute minimum value and
1 is the absolute
1
4
maximum value.
is the absolute maximum
f(0) = 1 is the absolute minimum value and
()
2
value.
For a particular country, a model for the food-price index (the price of a representative "basket" of foods) from
1,993 through 2,002 is given by the function
5.
5
.3
2
( = 0.00013t
0.000651t
- 0.04688 t
0.5026 t
- 1. 19t
100
where t is
measured in years since January 1, 1,993, so < t< 10, and (t) is measured in 1,993 dollars
and scaled such that (0) = 100 Use graphs and calculus to determine which of the following statements are
true for the time period in question.
Food was at its cheapest at the end of 1,994
b. Food was cheaper on January 1, 1,993 than it was at any time during 1,998.
Food was more expensive on January 1, 1,993 than it was during November of 1,993.
d. Food was at its most expensive sometime in 1,994.
Overall, the price of food decreased by about 2% over the time period in question.
a.
C.
e.
63
0
Transcribed Image Text:maximum value. d. f(0) 1- 2 is the absolute minimum value and 1 is the absolute 1 4 maximum value. is the absolute maximum f(0) = 1 is the absolute minimum value and () 2 value. For a particular country, a model for the food-price index (the price of a representative "basket" of foods) from 1,993 through 2,002 is given by the function 5. 5 .3 2 ( = 0.00013t 0.000651t - 0.04688 t 0.5026 t - 1. 19t 100 where t is measured in years since January 1, 1,993, so < t< 10, and (t) is measured in 1,993 dollars and scaled such that (0) = 100 Use graphs and calculus to determine which of the following statements are true for the time period in question. Food was at its cheapest at the end of 1,994 b. Food was cheaper on January 1, 1,993 than it was at any time during 1,998. Food was more expensive on January 1, 1,993 than it was during November of 1,993. d. Food was at its most expensive sometime in 1,994. Overall, the price of food decreased by about 2% over the time period in question. a. C. e. 63 0
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