Name:

Math 122 Test 1

Directions: Please write your answers, with all appropriate work, in the spaces
provided. Answers given without work shown will be counted incorrect. You may use
the backs of the pages if you require some space for scratchwork or brainstorming.

1. Write each of the following in interval notation.

(a) 1 x < 2
(b) 3 < x 4
(c) 5 < x < 6
2. Which of the following is not a function?
(a) {(1, 1), (2, 2), (3, 4)}
(b) {(1, 2), (2, 2), (4, 3)}
(c) {(1, 1), (1, 2), (3, 4)}
(d) {(1, 2), (2, 1), (4, 3)}
3. Suppose that the value of a certain CD is modeled by the equation f(t) = 10

t,
where t is the number of years since the albums release and f(t) is given in dollars.
What is the average rate of change in the price of the album from t = 0 to t = 9
years?
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4. What is the relative change in the price of given a $1 increase?
(a) a concert ticket at $50
(b) chocolate at $3
5. Suppose a toy company has a $1000/day xed operating cost, that their toys cost
$2 each to produce, and that they sell their toys for $10 each. What is their daily
prot function, and what number of toys dene their break-even point?
6. Suppose that the supply and demand functions for orange beanies are, respectively,
S(p) = 10p and D(p) = 10020p. Now suppose that a 5% sales tax is placed upon
consumers. Find the equilibrium price and quantity after the imposition of the tax.
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7. A certain radioactive clam has a half-life of 101 years. Write an exponential function
describing the amount of radioactive material left after t years given that P ounces
are present at t = 0.
8. What is the future value of $100 after 100 years in an account that yields 5% interest
compounded monthly?
9. The momentum of an object is directly proportional to the square of its velocity.
Write an equation describing this relationship (be sure to indicate the meanings of
your variables).
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10. Given f(x) = 2x
2
, estimate f

(2). Show a few steps.

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