Maths-
General
Easy
Question
An analyst estimates that the cost of each of the paperback books will increase $0.50 each year after 2016. Which of the following models the cost , in dollars, of each of the paperback books t years after 2016 ?
A certain book is available from a publishing company in both hardcover and paperback. The table shows the revenue and cost in 2016 for each of the hardcover and paperback books produced by the company.
The correct answer is:
Look at the options and observe which one has an initial constant set to 10, since the cost of a paperback book in 2016 was $10. Addition to this, it has an increment rate of 0.5 because each year after 2016, the cost increases by $0.5
Explanations:
Step 1 of 1:
Consider option C, , where is the cost of a paperback book and is number of years.
In the above equation, the cost has an initial of 10 which indicates the cost price of a paperback book in 2016.
Then part adds up to 10, which indicates the increment of cost price after 2016 at years.
Final Answer:
The suitable model is —
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