Mathematics, 24.03.2021 19:50 ani61

The polynomial function p(x) models the profits of the sneaker company, RunFast, during the first ten years of a new CEO’s employment. 1.The Events shown in the graph are labeled by a letter below. Label the point(s) or portion of the graph above that represents each of the memorable events in the company’s history. Use the letter of the event below as your label. (You can use a letter in more than one spot.)
A. The board of directors discuss finding a new CEO.
B. The new CEO takes over the company.
C. A new sneaker design has the running world abuzz with excitement.
D. The company breaks-even.
E. The company hires a hundred new employees.
F. The short term goal for the new sneaker sales is reached.
G. The company fails to come up with a new sneaker design that consumers like

4. Approximate the relative extrema points on the graph. What do they mean in context of the situation?
A. Relative Max: ( _ , _ )
B. What does this mean in context to profit/ loss

C. Relative Min: ( _ , _ )
D. What does this mean in context to profit/ loss

5. Find the average rate of change over the first ten years of the new CEO’s employment:
Average rate of change from year 0 to year 10: (Make sure to label your rate it in dollars and years)

6. Evaluate the company’s success based on all the information above. After ten years would you consider RunFast a successful business? Explain your reasoning in full sentences. You must include the MATHEMATICAL data you just analyzed from the graph to get full credit here.

The polynomial function p(x) models the profits of the sneaker company, RunFast, during the first t

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