Intermediate Algebra: Connecting Concepts through Application

Published by Brooks Cole
ISBN 10: 0-53449-636-9
ISBN 13: 978-0-53449-636-4

Chapter 7 - Rational Functions - 7.1 Rational Functions and Variation - 7.1 Exercises - Page 563: 3

Answer

a) $\$820$ b) $\$8.20$ c) $c(p)= \frac{4.55 p+365.00}{p}$ d)The total cost person to attend an event is $\$6.98$. e) Domain: $1\leq p\leq 250$ Range: $6.01\leq C(p)\leq 369.55$

Work Step by Step

Given $$C(p)=4.55 p+365.00. $$ a) Find $C(100)$ when $p= 100$. \begin{equation} \begin{aligned} C(100)&= 4.55 \cdot 100+365.00\\ &=820. \end{aligned} \end{equation} The total cost for $100$ people to attend an event is $\$820$. b) Find $C(100)/100$ when $p= 100$: \begin{equation} \begin{aligned} C(100)/100&= \frac{820}{100}= 8.2. \end{aligned} \end{equation} The total cost per person to attend an event is $\$8.20$. c) Let $c(p)= C(p)/p$ the cost per person to attend an event. Then, we may write: \begin{equation} \begin{aligned} c(p)&= \frac{4.55 p+365.00}{p}. \end{aligned} \end{equation} d) Find $c(150)$ when $p= 150$. \begin{equation} \begin{aligned} c(150)&= \frac{4.55 \cdot 150+365.00}{150}= 6.98. \end{aligned} \end{equation} The total cost person to attend an event is $\$6.98$. e) Take minimum and maximum number of people to attend the even to be $p= 1$ and $p= 250$ to set the range. \begin{equation} \begin{aligned} c(1)&= \frac{4.55 \cdot 1+365.00}{1}= 369.55\\ c(250)&= \frac{4.55 \cdot 250+365.00}{250}= 6.01. \end{aligned} \end{equation} A reasonable range and domain of the cost function would be: \begin{equation} \begin{aligned} \textbf{Domain:}&\quad 1\leq p\leq 250\\ \textbf{Range:}&\quad 6.01\leq C(p)\leq 369.55\\ \end{aligned} \end{equation}
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