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The Following Table Shows the Number of Dog Collars, in Thousands

question 131

Multiple Choice

The following table shows the number of dog collars, in thousands, produced by Allied Pet Products in the three years considered. Find a function of the form $f ( x ) = a x ^ { 2 } + b x + c$ that fits this data. Using this function, what would you predict the dog collar production of Allied Pet Products to be in year 27 ?
$The following table shows the number of dog collars, in thousands, produced by Allied Pet Products in the three years considered. Find a function of the form f ( x ) = a x ^ { 2 } + b x + c that fits this data. Using this function, what would you predict the dog collar production of Allied Pet Products to be in year 27 ? A) 100,100 collars B) 49,700 collars C) 69,700 collars D) 64,700 collars$

Definitions:

Inflation

The rate at which the wholesale price levels for goods and services ascend, diminishing economic purchasing strength.

Unemployment

The situation when individuals who are capable of working and willing to work are unable to find employment.

Long-run Phillips Curve

An economic concept stating that in the long run, there is no trade-off between inflation and unemployment; the curve is vertical at the natural rate of unemployment.

Inflation

How rapidly the across-the-board prices of goods and services increase, impairing fiscal buying ability.