Knowee
Questions
Features
Study Tools

Let's pretend we are living "in a perfect world!" Suppose Apple sold 0.1 million phones on their opening weekend in 2007. Then, each year after that, their iPhone sales TRIPLED. Write an equation (in function notation!) to represents this scenario. Note: Use fxto be able to see you equation on the graph.

Question

Let's pretend we are living "in a perfect world!" Suppose Apple sold 0.1 million phones on their opening weekend in 2007. Then, each year after that, their iPhone sales TRIPLED. Write an equation (in function notation!) to represents this scenario. Note: Use fxto be able to see you equation on the graph.

🧐 Not the exact question you are looking for?Go ask a question

Solution

The scenario described is an example of exponential growth, where the number of iPhones sold triples each year. We can represent this with the function f(x) = 0.1 * 3^x, where x is the number of years after 2007.

Here's the breakdown:

  • f(x) represents the number of iPhones sold in millions.
  • 0.1 is the initial amount of iPhones sold in 2007.
  • 3 is the growth rate, as the sales triple each year.
  • x is the number of years after 2007.

So, the function f(x) = 0.1 * 3^x represents this scenario.

This problem has been solved

Similar Questions

The following table shows actual and projected worldwide annual sales and average selling prices of a certain type of smartphone in 2020 and 2024.Year 2020 2024Selling Price ($) 550 350Sales (millions) 210 770(a)Use the data to obtain a linear demand function for this type of cell phone. (Let p be the price, and let q be the demand).q(p) = Use your demand equation to predict sales (in millions) if the price is lowered to $300. million phones(b)Fill in the blank.For every $1 increase in price, sales of this type of cell phone decrease by million units.

he following scatterplot shows the annual sales of a company for each year since 2000.  Use the trend line and equation, 𝑦=61.947𝑥−122324, to find the predicted sales in the year 2014.  Group of answer choices$2453.86$2389.46$2506.96$2485.06$2437.26

Fill in the Blank QuestionFill in the blank question.A company expects to sell 400 units of Product X in January and expects sales to increase by 10% per month. If Product X sells for $10 each, the total sales for the first quarter of the year will be $.

A company expects to sell 400 units of Product X in January and expects sales to increase by 10% per month. If Product X sells for $10 each, the total sales for the first quarter of the year will be $.

Meg invested $35,800 in a water park this year. After renovations, she expects her investment to be worth an additional 12% next year. Assuming it increases by 12% each year, you can use a function to approximate the value of Meg's investment x years from now.Write an equation for the function. If it is linear, write it in the form f(x)=mx+b. If it is exponential, write it in the form f(x)=a(b)x.

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.