Objects launched into the air follow a path that can be described by a quadratic function. We can also use quadratic functions to model area, profit, and population. Knowing the key components of a quadratic function allow us to find maximum profit, the point where an object hits the ground, or how much of an object to make for a minimum cost.
A water balloon is tossed vertically from a fifth story window. Itβs height \(h(t)\text{,}\) in feet, at a time \(t\text{,}\) in seconds, is modeled by the function
Compute the slope of the line joining \(t=0\) and \(t=1\text{.}\) Then, compute the slope of the line joining \(t=1\) and \(t=2\text{.}\) What do you notice about the slopes?
The unit price of an item affects its supply and demand. That is, if the unit price increases, the demand for the item will usually decrease. For example, an online streaming service currently has \(84\) million subscribers at a monthly charge of \(\$6\text{.}\) Market research has suggested that if the owners raise the price to \(\$8\text{,}\) they would lose \(4\) million subscribers. Assume that subscriptions are linearly related to the price.
Which of the following represents a linear function which relates the price of the streaming service \(p\) to the number of subscribers \(Q\) (in millions)?
Using the fact that revenue \(R\) is price times the number of items sold, \(R=pQ\text{,}\) which of the following represents the revenue in terms of the price?
The owner of a ranch decides to enclose a rectangular region with \(240\) feet of fencing. To help the fencing cover more land, he plans to use one side of his barn as part of the enclosed region. What is the maximum area the rancher can enclose?
Draw a picture to represent the fenced area against the barn. Use \(w\) to represent the length of fence parallel to the barn and \(l\) to represent the two sides perpendicular to the barn.
Find an equation for the area of the fence in terms of the length \(l\text{.}\) It may be useful to find an equation for the total amount of fencing in terms of the length \(l\) and width \(w\text{.}\)