College Algebra
EXAM Q & A
2024
,1. A company produces widgets at a cost of $5 per unit and sells them
for $8 per unit. The fixed cost of production is $1000. How many
widgets must the company sell to break even?
a) 250
b) 500
c) 750
d) 1000
Answer: b) 500
Rationale: The break-even point is when the revenue equals the cost.
The revenue is 8x, where x is the number of widgets sold. The cost is
5x + 1000, where x is the same as before. To find the break-even point,
we set 8x = 5x + 1000 and solve for x. This gives x = 500.
2. A quadratic equation has the form ax^2 + bx + c = 0, where a, b and
c are constants. What is the value of the discriminant of the equation
2x^2 - 3x + 4 = 0?
, a) -23
b) -7
c) 7
d) 23
Answer: a) -23
Rationale: The discriminant of a quadratic equation is b^2 - 4ac, where
a, b and c are the coefficients of the equation. In this case, a = 2, b = -3
and c = 4. Plugging these values into the formula gives (-3)^2 - 4(2)(4)
= -23.
3. A logarithmic function has the form y = log_b(x), where b is the
base and x is the argument. What is the inverse function of y =
log_2(x)?
a) y = 2^x
b) y = x^2
c) y = log_x(2)
d) y = sqrt(x)