Scribd
Upload
3 views1 page

Week1 Assignment

The document outlines the Week 1 assignment for a mathematics and statistics course, detailing three questions related to pricing plans, demand equations, and graphing functions. Students are required to express pricing in terms of screenings, solve linear equations, and analyze profit maximization. Assignments must be submitted on Canvas by midnight on October 6, 2025.

Uploaded by

tuan anh Nguyen
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
3 views1 page

Week1 Assignment

The document outlines the Week 1 assignment for a mathematics and statistics course, detailing three questions related to pricing plans, demand equations, and graphing functions. Students are required to express pricing in terms of screenings, solve linear equations, and analyze profit maximization. Assignments must be submitted on Canvas by midnight on October 6, 2025.

Uploaded by

tuan anh Nguyen
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

FP0001 Mathematics and Statistics - Week 1 Assignment

Mr. Nguyen Tuan Anh


September 29, 2025

Please scan and upload your answers on Canvas for week 1 assignment, before midnight on Monday 6th
October.
Question 1. The town’s film club offers two pricing plans:
Plan A: £25 for subscription to membership, then £1.5 per screening.
Plan B: £5 per screening.

(a) Let x be the number of screenings attended, express the the prices PA (x) and PB (x) for plans A and B
in term of x.
(b) Sketch the graphs of functions PA (x) and PB (x). State the gradients (slopes) and y-intercepts of each
lines.
(c) For how many screenings will plan A be cheaper than plan B?

Question 2 (EXAM QUESTION 2017). If the price of an item is p, then the quantity demanded is q.
These are connected by the equation
q = ap + b
where a and b are constant. When p = 10 then q = 5000, and when p = 15 then q = 2500.
(a) Write down two linear equations and solve them to find the values of a and b.
(b) What is the range possible values of p?

(c) The cost of producing q items is 500 + 6q. The profit P is found by multiplying the price p and the
quantity q, and then subtracting the cost. Express the profit as a function of p.
(d) Find the price that will maximise the profit.
Question 3. The parabola (P ) is given by the equation y = 8 − 7x − x2 and the straight line (L) is given by
the equation y = 12 x + 4.
(a) Sketch (P ) and (L) on the same set of axes.
(b) By solving the appropriate equation, find the points where the parabola and the straight line intersect.
(c) Sketch another line, parallel to the first, which only intersects the parabola once and calculate the y-
intercept of this second line.

You might also like