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Quadratic Functions A regular parabola comes in two forms (we’ll take another look at parabola as a conic section later in the course): 1) y = ax2 + bx + c general form where a, b, c are some constants 2) y = a(x – h)2 + k vertex (standard) form where (h, k) is a vertex Quick review on transformations (College Algebra): To graph y = a(x – h)2 + k The graph of y = x2 (parabola with vertex at the origin) is 1) reflected about x-axis if a is negative 2) |a| > 1, stretched (the graph appears narrower) 3) |a| < 1, compressed (the graph appears wider) 4) shift h units a) right if h is positive (‘ – ‘ in the original equation) b) left if h is negative (‘+ ‘ in the original equation) 5) shift k units a) up if k is positive (‘ + ‘ in the original equation) b) down if k is negative (‘ – ‘ in the original equation) 1) Graph the parabola. y = -2(x – 1)2 + 3 a = -2, h = 1, k = 3 The graph is reflected about x-axis (a is negative), stretched (|a| >1), shifted 1 unit to the right and 3 up. Graph: 2) Graph the parabola. Describe all transformations. y= 1 2 x 1 3 a= 1 , h = 0, k = 1 3 The graph is compressed (|a| < 1), shifted 1 unit up. Graph: Another method of graphing y = ax2 + bx + c Find a, b, c. 1) If a > 0, the parabola opens up If a < 0, the parabola opens down 2) Find vertex: x = -b/2a y = f(-b/2a) vertex: ( b b , f( )) 2a 2a 3) Find y – intercept: (0, c) 4) Find x – intercepts: 2 ax + bx + c = 0 Factor or use Quadratic Formula: x b b2 2a 1) 2 x – intercepts if b2 – 4ac > 0 2) 1 x – intercept if b2 – 4ac = 0, and it’s the vertex 3) no x – intercepts if b2 – 4ac < 0 5) Graph the parabola. Find the point symmetric to y-intercept if necessary. 1) Graph the parabola by following the method above. y = x2 – 2x + 4 4ac a = 1, b = -2, c = 4 1) the parabola opens up 2) Vertex: x = − ( ) =1 y = f(1) = 12 – 2(1) + 4 = 3 Vertex: (1, 3) 3) y – int: (0, 4) 4) x2 – 2x + 4 = 0 Let’s check the discriminant before using the Quadratic Formula. b2 – 4ac = (-2)2 – 4(1) (4) = 4 – 16 = -12 There are no x-intercepts. 5) Graph: There are some nice applications of parabolas, for example, maximizing revenue in the business situation, and finding optimal price (the price that gives maximum revenue). 1) A demand equation p = 200 – 4x, where p is the price per unit and x is the number of units produced and sold (the demand). Find x for which the revenue is maximum, maximum revenue and the optimal price. Recall that R(x) = x *p. Solution: First, let’s find R(x). R(x) = x (200 – 4x) = 200x – 4x2 = -4x2 + 200x To find x that maximizes revenue and maximum revenue, simply find the vertex for R(x). a = -4, b = 200 xmax = -200/(2(-4)) = 25 units Rmax = -4 (25)2 + 200 (25) = $2500 This is maximum revenue. To find optimal price, we’ll plug the found values into R(x) = x*p. 2500 = 25p p = $100 The optimal price to charge for this unit is $100. 2) Minimizing cost. The total cost for a product is C = 200 – 50x + x2, where x is the number of units produced. Find the value of x for which the total cost is minimum. Solution: Since Cost is a quadratic function, then the minimum of a function is a vertex of the parabola. To find vertex: a = 1, b = -50 x = b/2a = - (-50)/2(1) = 25 units If 25 units are produced, then the cost is at a minimum.