BackCollege Algebra: Rational Expressions, Functions, and Inequalities Study Guide
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Rational Functions and Cost Analysis
Cost Functions
Cost functions are used in business and economics to model the total cost of producing a certain number of items. They often include fixed and variable costs.
Cost Function, C(x): The total cost of producing x items. Typically written as , where F is the fixed cost and V is the variable cost per item.
Average Cost Function, \( \overline{C}(x) \): The average cost per item when producing x items.
Application: To find the cost of producing a specific number of items, substitute the value into the cost function.
Example: If , then the average cost for 10 items is .
Comparing Rental Costs
When comparing two rental options with different pricing structures, set up equations for each and solve for the break-even point.
Example: Acme: ; Interstate:
Set and solve for m (miles) to find when Acme is cheaper.
Rational Expressions
Simplifying Rational Expressions
Rational expressions are fractions where the numerator and/or denominator are polynomials. Simplification involves factoring and reducing common factors.
Key Steps:
Factor numerator and denominator completely.
Cancel any common factors.
State restrictions (values that make the denominator zero).
Example: simplifies to
Finding Common Denominators
To add or subtract rational expressions, find a common denominator, usually the least common multiple (LCM) of the denominators.
Example: For and , factor denominators and find LCM.
Restrictions on Variables
Restrictions are values that make the denominator zero and must be excluded from the domain.
Example: is undefined for .
Radical and Rational Exponents
Radical Notation and Rational Exponents
Expressions with rational exponents can be rewritten in radical form and vice versa.
Key Formulas:
Example:
Simplifying with Rational Exponents
Example: can be written as
Solving Equations and Inequalities
Solving Polynomial and Radical Equations
To solve equations involving polynomials or radicals, isolate the variable and use appropriate algebraic techniques.
Example: becomes , so
Example: leads to , so
Absolute Value Equations
Absolute value equations have two possible solutions, one for the positive and one for the negative case.
Example: gives or
Solving for a Variable (Literal Equations)
Literal equations involve solving for one variable in terms of others.
Example: For , solve for :
Example: For , solve for :
Inequalities and Interval Notation
Solving and Graphing Linear Inequalities
Linear inequalities are solved similarly to equations, but the solution is a range of values, often represented on a number line and in interval notation.
Key Steps:
Solve the inequality for the variable.
Graph the solution on a number line.
Write the solution in interval notation.
Example: leads to ; interval notation:
Compound Inequalities
Compound inequalities involve two inequalities joined by 'and' or 'or'.
Example: and
Solve each separately, then find the intersection (for 'and') or union (for 'or').
Absolute Value Inequalities
Absolute value inequalities are solved by considering both the positive and negative cases.
Example: leads to , so
Summary Table: Key Concepts
Concept | Key Formula/Fact | Example |
|---|---|---|
Cost Function | ||
Average Cost | ||
Rational Expression | Factor and reduce | (for ) |
Radical Exponent | ||
Interval Notation | or | is |