A store manager adjusts the price of an item each week that the item goes unsold. The price of the unsold item, in dollars, after x weeks can be modeled by the exponential function f(x)=320(0.90)x. Select ONE correct answer in each box to complete each sentence. The initial price of the item before the store manager made any adjustments was (A) $288(B) $320. (C) $352The price of the item (A) increases (B) decreases (C) 110% each week.
Q. A store manager adjusts the price of an item each week that the item goes unsold. The price of the unsold item, in dollars, after x weeks can be modeled by the exponential function f(x)=320(0.90)x. Select ONE correct answer in each box to complete each sentence. The initial price of the item before the store manager made any adjustments was (A) $288(B) $320. (C) $352The price of the item (A) increases (B) decreases (C) 110% each week.
Identify initial price: Identify the initial price of the item from the function f(x)=320(0.90)x.
Determine percentage change: Determine the percentage change in the price each week.
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