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Mathematics, 05.05.2020 11:39 naseersaad

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A company launches two new products. The market price, in dollars, of the two products after a different number of years, x, is shown in the following table:

Product Function Year 1
(dollars) Year 2
(dollars) Year 3
(dollars)
Product 1 f(x) = 3x 3 9 27
Product 2 g(x) = x2 + 4 5 8 13

Based on the data in the table, for which product does the price eventually exceed all others, and why?
Product 1, because the function is exponential
Product 2, because the function is exponential
Product 1, because it has a greater start value
Product 2, because it has a greater Year 3 value

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Answers: 2

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