Exam 1: Linear Equations and Functions

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For For   and   , find   . ​ and For   and   , find   . ​ , find For   and   , find   . ​ . ​

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If the demand and supply functions for Z-brand phones are If the demand and supply functions for Z-brand phones are   and   respectively, compare the quantity demanded and the quantity supplied when p = 46. Note that q is the quantity produced or sold. Are there surplus phones or not enough to meet demand? ​​ and If the demand and supply functions for Z-brand phones are   and   respectively, compare the quantity demanded and the quantity supplied when p = 46. Note that q is the quantity produced or sold. Are there surplus phones or not enough to meet demand? ​​ respectively, compare the quantity demanded and the quantity supplied when p = 46. Note that q is the quantity produced or sold. Are there surplus phones or not enough to meet demand? ​​

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Mr. Jackson borrowed money from his bank and on his life insurance to start a business. His interest rate on the bank loan was 10%, and his rate on the insurance loan was 12%. If the total amount borrowed was $100,000 and his total yearly interest payment was $10,200, how much did he borrow from the bank? ​

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Solve the inequality. ​ Solve the inequality. ​   ​

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Given a cost function Given a cost function   and a revenue function   , where x represents the number of units produced and sold, find the profit function and then determine the marginal profit. ​ and a revenue function Given a cost function   and a revenue function   , where x represents the number of units produced and sold, find the profit function and then determine the marginal profit. ​ , where x represents the number of units produced and sold, find the profit function and then determine the marginal profit. ​

(Multiple Choice)
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The percent p of high school seniors who smoke cigarettes can be modeled by the equation The percent p of high school seniors who smoke cigarettes can be modeled by the equation   , where t is the number of years past 1975. Find the year in which p first becomes negative. Round your answer to the nearest year. ​ , where t is the number of years past 1975. Find the year in which p first becomes negative. Round your answer to the nearest year. ​

(Multiple Choice)
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A manufacturer sells watches for $75 per unit. The fixed costs related to this product are $10,000 per month, and the variable costs are $55 per unit. This gives a profit function A manufacturer sells watches for $75 per unit. The fixed costs related to this product are $10,000 per month, and the variable costs are $55 per unit. This gives a profit function   , where r is the revenue per unit and c is the variable cost per unit. If the manufacturer has a profit of zero, how many watches were sold? ​ , where r is the revenue per unit and c is the variable cost per unit. If the manufacturer has a profit of zero, how many watches were sold? ​

(Multiple Choice)
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A manufacturer sells watches for $60 per unit. The fixed costs related to this product are $10,000 per month, and the variable costs are $40 per unit. Which of the following is the equation for the profit function A manufacturer sells watches for $60 per unit. The fixed costs related to this product are $10,000 per month, and the variable costs are $40 per unit. Which of the following is the equation for the profit function   where x denotes the number of watches produced and sold? ​ where x denotes the number of watches produced and sold? ​

(Multiple Choice)
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When a debt is refinanced, sometimes the term of the loan (that is, the time it takes to repay the debt) is shortened. Suppose the current interest rate is 7%, and the current debt is $100,000. The monthly payment R of the refinanced debt is a function of the term of the loan t in years. If we represent this function by When a debt is refinanced, sometimes the term of the loan (that is, the time it takes to repay the debt) is shortened. Suppose the current interest rate is 7%, and the current debt is $100,000. The monthly payment R of the refinanced debt is a function of the term of the loan t in years. If we represent this function by   , then the following table defines the function. ​   ​ Source: Comprehensive Mortgage Payment Tables, Publication No. 492, Financial Publishing Co., Boston Choose the correct verbal description of   . ​ , then the following table defines the function. ​ When a debt is refinanced, sometimes the term of the loan (that is, the time it takes to repay the debt) is shortened. Suppose the current interest rate is 7%, and the current debt is $100,000. The monthly payment R of the refinanced debt is a function of the term of the loan t in years. If we represent this function by   , then the following table defines the function. ​   ​ Source: Comprehensive Mortgage Payment Tables, Publication No. 492, Financial Publishing Co., Boston Choose the correct verbal description of   . ​ ​ Source: Comprehensive Mortgage Payment Tables, Publication No. 492, Financial Publishing Co., Boston Choose the correct verbal description of When a debt is refinanced, sometimes the term of the loan (that is, the time it takes to repay the debt) is shortened. Suppose the current interest rate is 7%, and the current debt is $100,000. The monthly payment R of the refinanced debt is a function of the term of the loan t in years. If we represent this function by   , then the following table defines the function. ​   ​ Source: Comprehensive Mortgage Payment Tables, Publication No. 492, Financial Publishing Co., Boston Choose the correct verbal description of   . ​ . ​

(Multiple Choice)
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Burnem, Inc. manufactures blank CDs and sells them to a distributor in packs of 500 CDs. Assume Burnem's total cost and total revenue (in dollars) for x packs of 500 CDs are given by ​ Total cost = Burnem, Inc. manufactures blank CDs and sells them to a distributor in packs of 500 CDs. Assume Burnem's total cost and total revenue (in dollars) for x packs of 500 CDs are given by ​ Total cost =   Total revenue =   ​ How many packs of 500 CDs must Burnem sell to break even? ​ Total revenue = Burnem, Inc. manufactures blank CDs and sells them to a distributor in packs of 500 CDs. Assume Burnem's total cost and total revenue (in dollars) for x packs of 500 CDs are given by ​ Total cost =   Total revenue =   ​ How many packs of 500 CDs must Burnem sell to break even? ​ ​ How many packs of 500 CDs must Burnem sell to break even? ​

(Multiple Choice)
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Choose the graph that represents the equation below. ​ ​ Choose the graph that represents the equation below. ​ ​   ​

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Solve Solve   for   . ​ for Solve   for   . ​ . ​

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The figure below show the demand and supply functions for a product. Decide which line shows the supply function and which line the demand function. ​ The figure below show the demand and supply functions for a product. Decide which line shows the supply function and which line the demand function. ​   ​ Will a price above the equilibrium price result in a market surplus or shortage? ​ ​ Will a price above the equilibrium price result in a market surplus or shortage? ​

(Multiple Choice)
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Each day, a young person should sleep 8 hours, plus Each day, a young person should sleep 8 hours, plus   hour for each year that the person is under 19 years of age. Assuming the relation is linear, write the equation relating hours of sleep y and age x where   . ​ hour for each year that the person is under 19 years of age. Assuming the relation is linear, write the equation relating hours of sleep y and age x where Each day, a young person should sleep 8 hours, plus   hour for each year that the person is under 19 years of age. Assuming the relation is linear, write the equation relating hours of sleep y and age x where   . ​ . ​

(Multiple Choice)
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​Graph the equation with a graphing utility using the specified range. Is the graph below the graph of the given equation? ​ ​Graph the equation with a graphing utility using the specified range. Is the graph below the graph of the given equation? ​   ​ ​   ​ ​ ​ ​Graph the equation with a graphing utility using the specified range. Is the graph below the graph of the given equation? ​   ​ ​   ​

(True/False)
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The graphs of the two equations below are shown. The lines representing these equations may be the same, may intersect once, or may be parallel. Decide whether the system of equations in the problem has one solution, no solution, or an infinite number of solutions. ​ The graphs of the two equations below are shown. The lines representing these equations may be the same, may intersect once, or may be parallel. Decide whether the system of equations in the problem has one solution, no solution, or an infinite number of solutions. ​   and   ​   ​ and The graphs of the two equations below are shown. The lines representing these equations may be the same, may intersect once, or may be parallel. Decide whether the system of equations in the problem has one solution, no solution, or an infinite number of solutions. ​   and   ​   ​The graphs of the two equations below are shown. The lines representing these equations may be the same, may intersect once, or may be parallel. Decide whether the system of equations in the problem has one solution, no solution, or an infinite number of solutions. ​   and   ​   ​

(Multiple Choice)
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Solve the equation. ​ Solve the equation. ​   ​

(Multiple Choice)
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Graph the function below and experiment with the viewing window to obtain a complete graph, adjusting the ranges where necessary. Does the figure below show the complete graph? ​ ​ Graph the function below and experiment with the viewing window to obtain a complete graph, adjusting the ranges where necessary. Does the figure below show the complete graph? ​ ​   ​ ​   ​ ​ ​ Graph the function below and experiment with the viewing window to obtain a complete graph, adjusting the ranges where necessary. Does the figure below show the complete graph? ​ ​   ​ ​   ​

(True/False)
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A function and its graph are given. Find the domain. ​ A function and its graph are given. Find the domain. ​   ​   ​ ​A function and its graph are given. Find the domain. ​   ​   ​ ​ ​ ​

(Multiple Choice)
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Determine whether the following pairs of equations represent parallel lines, perpendicular lines, or neither of these. ​ Determine whether the following pairs of equations represent parallel lines, perpendicular lines, or neither of these. ​     ​ Determine whether the following pairs of equations represent parallel lines, perpendicular lines, or neither of these. ​     ​

(Multiple Choice)
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