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Q1. (30 pts) Functions and graphs. Excel is recommended. Any other graph tool is welcome too. Due to the pandemic, local stores are going through
Q1. (30 pts) Functions and graphs. Excel is recommended. Any other graph tool is welcome too. Due to the pandemic, local stores are going through revenue losses. The government decided to subsidize local store owners based on their revenue losses at two time points specified as days, considering the first day of the pandemic announcement by CDC as day 1. The paychecks will be issued on day 150 and day 300. Paychecks will be calculated by the function p(x), where x indicates days and f(x) indicates the revenue function. p(x) = 10 * ( f(1) - f(x)) Calculate the two paycheck amounts and show the revenue graphs for the two stores below a) 12 pts. Store A, a self-serve cafeteria which declared its revenue function as: f(x)=100*e4/x b) 12 pts. Store B, a family owned boutique bakery did not declare revenue function shared a few details of its records: 1. Their revenue loss is linear. 2. Their revenue was $500 on day 1. 3. Their revenue was $450 on day 26. Also derive the revenue function f(x) for this store and write it down analytically c) 6 pts. What happens when the government switches the paycheck formula for the second paycheck to p(x) = 10 * ( f(150) - f(x) ) Comment on the results for both stores
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