Determine Whether or Not the Function Is Linear $V ( t ) = 22,000 - 3200 t$

question 56

Multiple Choice

Determine whether or not the function is linear. If it is, determine the slope and interpret it.
-The value of a particular car is given by V(t) $V ( t ) = 22,000 - 3200 t$ t, where t is the age of the car in years.

• A) Linear; 3200; Each year, the car depreciates $3200.
• B) Not linear
• C) Linear; 3200; Each year, the car appreciates $3200.
• D) Linear; 22,000; Each year, the car depreciates $22,000.

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Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping.

Determinant of Demand

Factors that influence the demand for a good or service, including price, consumer preferences, income levels, and prices of related goods.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price point, at a specific time.