Bytelearn - cat image with glassesAI tutor

Welcome to Bytelearn!

Let’s check out your problem:

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 \newlinexx weeks can be modeled by the exponential function \newlinef(x)=320(0.90)xf(x)=320(0.90)^{x}. \newlineSelect ONE correct answer in each box to complete each sentence. \newlineThe initial price of the item before the store manager made any adjustments was \newline(A) \newline$288\$288 \newline(B) \newline$320\$320. \newline(C) \newline$352\$352 \newlineThe price of the item \newline(A) increases \newline(B) decreases \newline(C) \newline110%110\% each week.

Full solution

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 \newlinexx weeks can be modeled by the exponential function \newlinef(x)=320(0.90)xf(x)=320(0.90)^{x}. \newlineSelect ONE correct answer in each box to complete each sentence. \newlineThe initial price of the item before the store manager made any adjustments was \newline(A) \newline$288\$288 \newline(B) \newline$320\$320. \newline(C) \newline$352\$352 \newlineThe price of the item \newline(A) increases \newline(B) decreases \newline(C) \newline110%110\% each week.
  1. Identify initial price: Identify the initial price of the item from the function f(x)=320(0.90)xf(x) = 320(0.90)^{x}.
  2. Determine percentage change: Determine the percentage change in the price each week.

More problems from Evaluate two-variable equations: word problems