Math Problem Statement
For the last few years, the production at Zachary’s cornfields have increased by about 6% per year. What type of function best models the change in annual production? A. exponential B. linear C. quadratic D. constant
Solution
The situation described, where the production increases by a fixed percentage each year (6%), suggests a growth pattern that is proportional to the previous year's value. This type of growth is best modeled by an exponential function, where the quantity grows by a fixed percentage over time.
Thus, the correct answer is:
A. Exponential
Explanation:
- Exponential functions model growth or decay that happens at a constant percentage rate. The general form is , where is the initial amount, is the growth rate, and is the time in years.
Would you like a deeper dive into exponential growth models or any specific examples?
Here are 5 related questions to explore further:
- How do you calculate the production for a given year using the exponential model?
- What are the differences between exponential and linear growth?
- How can you calculate the annual growth rate in an exponential function?
- Can a quadratic function also represent growth? In what scenarios?
- How do you interpret the parameter in an exponential function?
Tip: Exponential growth can sometimes be mistaken for linear growth, but exponential growth accelerates as time passes, while linear growth adds the same amount each period.
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Math Problem Analysis
Mathematical Concepts
Exponential Growth
Functions
Formulas
P(t) = P_0 * (1 + r)^t
Theorems
Exponential Growth Theorem
Suitable Grade Level
Grades 9-12
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