Question

A company launched four new products. The market price of the four products after different number of years is shown below:

Answer 1

Table displaying data. The first column one shows the heading number of years, and rows product 1, product 2, product 3, product 4. The next column heading says 1 with rows 4.80, 3.20, 3.20, and 4.00. The next column header says 2 with rows 5.20, 7.40, 5.80 and 6.00. The next column header says 3 with rows 5.20, 12.60, 7.80 and 10.00. The last colunn heading says 4 with rows 4.80, 19.80, 10.20, 18.00.

Based on the data given, the price of which product will eventually

Answer 2

^exceed all the others?

Answer 3

looks like the 4th one will. but its much easier to tell on a graph.

Answer 4

i don't have a graph, but i have a table if it helps, should i attach it?

Answer 5

sure

Answer 6

I was thinking product four, but i thought product 2 looked a bit better, since it's the highest number at the end.

Answer 7

yes but you have to think about the extended graph. that's the part you can't or hasn't happened yet but you can usually calculate it.

Answer 8

the 4th one doubles its growth every year so next year it will be at 34 while the 2nd one will only be at 29

Answer 9

so it would be the fourth one

Answer 10

Okay, thanks!

Answer 11

yw.