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where n is a non-negative whole number, the a0 , a1 , a2 , . . . , an−1 , an are real numbers called coeffi-
cients, and the leading coefficient an �= 0.
We have tacitly dealt with polynomials already. For instance, on this page alone, we have seen
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polynomials f (x) = 2x + 1 and g(x) = x√ + 3. Even some of the craziest functions that we can
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imagine — say h(x) = 2x − 3x + 2 x + 2x2 − π — are polynomials. Lower-degree polynomials
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• Polynomials of degree n = 0 and n = 1 are called linear functions (or lines), e.g., f (x) =
mx + b. If m = 0, then f (x) = b is the horizontal line at b.
• Polynomials of degree n = 2 are called quadratic functions (or parabolas), e.g., f (x) =
ax2 + bx + c, a �= 0. Recall that the parabola opens upward if a > 0 and downward if a < 0.
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• Polynomials of degree n = 3 are called cubic functions, e.g. f (x) = ax3 + bx2 + cx + d, a �= 0.
Recall that a cubic function has end behavior (1.) f (x) → −∞ as x → −∞ and f (x) → ∞
as x → ∞ if a > 0 and (2.) f (x) → ∞ as x → −∞ and f (x) → −∞ as x → ∞ if a < 0.
We note that these three cases can be generalized to give the end behavior of all odd- and even-
degree polynomials. Particularly, any even-degree polynomial will behave similarly to |x| as x ap-
proaches ±∞, and any odd-degree polynomial will behave similarly to x as x approaches ±∞.
Bounced-Check Charges. Consider the function f (t) = 2.19t + 27.12 with domain Df = [0, 6]
that models bank revenue from overdraft fees in billions of dollars from 2011 to 2017.
(a.) Determine whether f is a polynomial. Give the degree of f if f is a polynomial; otherwise,
explain why f is not a polynomial.
(b.) Give the slope of f. Describe the meaning of the slope.
(c.) Give the y-intercept of f. Describe the meaning of the y-intercept.
(d.) Predict the bank revenue from overdraft fees in 2018. (Hint: calculate f (t) when t = 7.)
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A Bluetooth Wireless Headset Market. Consider the demand function for a certain brand
of Bluetooth wireless headsets D(x) = −0.025x2 −0.5x+60 and the corresponding supply function
S(x) = 0.02x2 + 0.6x + 20, where the price functions D(x) and S(x) are expressed in dollars and
the quantity x is measured in units of one-thousand. Find the equilibrium quantity and price.
Solution. We note that D(x) = S(x) if and only if 9x2 + 220x − 8000 = 0. By factoring this
polynomial, we find that (9x + 400)(x − 20) = 0. By the zero factor property, we conclude that
x = 20 or x = −400/9. Because x cannot be negative, we conclude that the equilibrium quantity
is given by e = 20, from which it follows that the equilibrium price is given by S(e) = 40. �
1.) Begin by assigning a letter to each variable mentioned in the problem. Draw and label a
figure when appropriate.
2.) Find an expression for the quantity sought. Often, this is referred to as the “unknown;”
therefore, it is usually the quantity about which the problem gives the least information.
3.) Use the conditions given in the problem to write the quantity sought as a function f of one
variable. Be sure to note any restrictions to be placed on the domain of f, which are given
by the physical considerations of the problem.
Building a Fence. Consider enclosing a rectangular piece of land along the straight portion of
a river using 3000 feet of fencing. Give a function f that yields the area of the land enclosed if all
fencing is used. (Hint: Use our algorithm, and note that no fence is needed along the river.)
2.4 Limits
2.4.1 Why Do We Care About Calculus?
Calculus is perhaps the most ubiquitous subject area of mathematics in the technical world. Of
the many problems for which calculus supplies an answer are
• finding the rate of change of a travel agency’s revenue with respect to the agency’s expendi-
ture for advertising;
Our answers to these problems come in the form of derivatives and integrals.
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