Chapter 1: Problem 69
Simplify. $$ \left[\left(x^{2}\right)^{2}\right]^{2} $$
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Chapter 1: Problem 69
Simplify. $$ \left[\left(x^{2}\right)^{2}\right]^{2} $$
These are the key concepts you need to understand to accurately answer the question.
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BUSINESS: MBA Salaries Starting salaries in the United States for new recipients of MBA (master of business administration) degrees have been rising approximately linearly, from \(\$ 78,040\) in 2005 to \(\$ 89,200\) in \(2010 .\) a. Use the two (year, salary) data points \((0,78.0)\) and \((5,89.2)\) to find the linear relationship \(y=m x+b\) between \(x=\) years since 2005 and \(y=\) salary in thousands of dollars. b. Use your formula to predict a new MBA's salary in 2020 . [Hint: Since \(x\) is years after 2005, what \(x\) -value corresponds to \(2020 ?]\)
BUSINESS: Break-Even Points and Maximum Profit City and Country Cycles finds that if it sells \(x\) racing bicycles per month, its costs will be \(C(x)=420 x+72,000\) and its revenue will be \(R(x)=-3 x^{2}+1800 x\) (both in dollars). a. Find the store's break-even points. b. Find the number of bicycles that will maximize profit, and the maximum profit.
$$ \begin{array}{l} \text { True or False: If } f(x)=m x+b, \text { then }\\\ f(x+h)=f(x)+m h \end{array} $$
The following function expresses an income tax that is \(15 \%\) for incomes below \(\$ 6000\), and otherwise is \(\$ 900\) plus \(40 \%\) of income in excess of \(\$ 6000\). \(f(x)=\left\\{\begin{array}{ll}0.15 x & \text { if } 0 \leq x<6000 \\\ 900+0.40(x-6000) & \text { if } x \geq 6000\end{array}\right.\) a. Calculate the tax on an income of \(\$ 3000\). b. Calculate the tax on an income of \(\$ 6000\). c. Calculate the tax on an income of \(\$ 10,000\). d. Graph the function.
GENERAL: Boiling Point At higher altitudes, water boils at lower temperatures. This is why at high altitudes foods must be boiled for longer times - the lower boiling point imparts less heat to the food. At an altitude of \(h\) thousand feet above sea level, water boils at a temperature of \(B(h)=-1.8 h+212\) degrees Fahrenheit. Find the altitude at which water boils at \(98.6\) degrees Fahrenheit. (Your answer will show that at a high enough altitude, water boils at normal body temperature. This is why airplane cabins must be pressurized - at high enough altitudes one's blood would boil.)
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