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?. Consumer Awareness The suggested retail price of a new hybrid car is \(p\) dollars. The dealership advertises a factory rebate of \(\$ 2000\) and a \(10 \%\) discount. (a) Write a function \(R\) in terms of \(p\) giving the cost of the hybrid car after receiving the rebate from the factory. (b) Write a function \(S\) in terms of \(p\) giving the cost of the hybrid car after receiving the dealership discount. (c) Form the composite functions \((R \circ S)(p)\) and \((S \circ R)(p)\) and interpret each. (d) Find \((R \circ S)(25,795)\) and \((S \circ R)(25,795) .\) Which yields the lower cost for the hybrid car? Explain.

Short Answer

Expert verified
If the dealership discount is applied after the factory rebate, the resulting cost for the hybrid car, priced at \$25,795, will be lower. The final cost will be \$21,515.5.

Step by step solution

01

Find \(R(p)\)

The factory rebate is a fixed reduction of $2000 from the original price. Therefore, the function \(R(p) = p - 2000\) describes the price after the factory rebate.
02

Find \(S(p)\)

The dealership discount is a reduction of 10% from the original price. Therefore, the function \(S(p) = 0.9 \cdot p\) describes the price after the dealership discount.
03

Form \((R \circ S)(p)\) and \((S \circ R)(p)\)

The composite function \((R \circ S)(p) = R(S(p)) = R(0.9p) = 0.9p - 2000\), represents the cost of the hybrid car after receiving the dealership discount and then the factory rebate. On the other hand, the composite function \((S \circ R)(p) = S(R(p)) = S(p - 2000) = 0.9(p - 2000)\), represents the cost of the hybrid car after receiving the factory rebate and then the dealership discount.
04

Find \((R \circ S)(25795)\) and \((S \circ R)(25795)\)

The cost of the car after applying the dealership discount and then the factory rebate is \((R \circ S)(25795) = 0.9 \cdot 25795 - 2000 = \$23115.5\). The cost of the car after applying the factory rebate then the dealership discount is \((S \circ R)(25795) = 0.9(25795 - 2000) = \$21515.5\).
05

Conclude Which Yields Lower Cost

The lower cost for the hybrid car is obtained with \((S \circ R)(25795)\), i.e when first the factory rebate is applied and then the dealership discount is applied on the reduced price. The amount is \$21515.5.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Factory Rebate Mathematics
Exploring the world of savings through factory rebates can certainly feel like an exciting hunt for cost-cutting treasures. In the context of purchasing a hybrid car, for example, a factory rebate is essentially a refund offered directly by the manufacturer. It usually takes the form of a fixed dollar amount subtracted from the retail price.

In the problem we're considering, the factory rebate is a substantial \(\$2000\), which is deducted from the suggested retail price of \(p\) dollars. To express this mathematically, you create a function \(R(p) = p - 2000\). What this function tells us, in simple terms, is the new price after this rebate is applied.
Dealership Discount Calculations
Deals and discounts at car dealerships are common incentives to encourage buyers, and they're usually presented as a percentage off the retail price. For the savvy consumer, knowing how these discounts are calculated can be quite valuable.

When a dealership offers a \(10\%\) discount, it means the customer saves \(10\%\) off the suggested price. To put that into a mathematical function, where \(S(p)\) is the sale price after discount, you have: \(S(p) = 0.9 \cdot p\). The multiplier \(0.9\) comes from subtracting the discount rate (\(0.10\)) from 1, which gives us the remaining percentage of the price you actually pay. This information empowers you to calculate precisely what you'll pay after the dealership's discount is applied.
Function Composition in Precalculus
Now let's discuss a concept that may seem daunting at first, but is actually quite practical: function composition. Precalculus introduces us to this concept, which involves combining two functions to create a new one. In essence, the output of one function becomes the input of another.

In our hybrid car scenario, the two functions for rebate and discount can be composed in two ways, creating \((R \circ S)(p)\) and \((S \circ R)(p)\). The composite function \((R \circ S)(p)\) signifies the cost after the dealership discount is applied and then the rebate. On the other hand, \((S \circ R)(p)\) indicates the cost after the rebate is applied followed by the discount.

Comparing \((R \circ S)(25795)\) and \((S \circ R)(25795)\), we learn that sequence matters—\((S \circ R)(p)\) yields a lower cost. This insight is a testament to the power of understanding function composition; it can lead to real-world savings.

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