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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall. Section 4.1 Linear Functions and Their Properties.

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Presentation on theme: "Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall. Section 4.1 Linear Functions and Their Properties."— Presentation transcript:

1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall. Section 4.1 Linear Functions and Their Properties

2 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall.

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10 Since the average rate of change is not constant, the function is not linear.

11 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall.

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13 Since the average rate of change is a constant  0.25, the function is linear.

14 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall. I N C R E A S I N G D E C R E A S I N G C O N S T A N T

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21 (d) The slope is the average rate of change and is  4000 so this means that for each additional year that passes, the book value of the car decreases by $4000. The car will have a book value of $8000 when it is 5 years old.

22 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall. So the equilibrium price is $50 and the equilibrium quantity is 2100 phones.

23 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall.

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