...in 1938)? Goods and services cost $42 in 1938 and cost $100 in 1967
A)assume a linear relationship, write an equation for the cost of goods and services as a function of number of years since 1938 (t=0 in 1938)
use your linear unction to estimate the cost of goods in 2001
B) assume an EXPONENTIAL relationship between time and cost and write an equation for the cost of goods and services as a function of the number of years since 1938 (i.e., let t=0 in 1938).
Use your exponential function to estimate the cost of these goods and services in 2001
A)assume a linear relationship, write an equation for the cost of goods and services as a function of number of years since 1938 (t=0 in 1938)
use your linear unction to estimate the cost of goods in 2001
B) assume an EXPONENTIAL relationship between time and cost and write an equation for the cost of goods and services as a function of the number of years since 1938 (i.e., let t=0 in 1938).
Use your exponential function to estimate the cost of these goods and services in 2001