1. A well-established formula from physics says that when an object is thrown into the air with
an initial velocity of v0 and from a height of s0 feet above the ground, its height (s, in feet
above the ground) after it’s been in the air for t seconds is given by:
s(t) = −16t2 + v0 t + s0
We will do a demonstration of throwing a bouncy ball into the air (fun!) in which you will
measure the height above the ground when the ball is released and how long it takes for the
ball to come back to Earth. From these observations, answer the following questions.
2. A sports clothing store sells all of its football jerseys for the same price, which we will denote
by x (measured in dollars). The number of jerseys, q, that are sold in a day depends on the
price, so we can say q = f (x).
(a) Suppose we knew that f (100) = 150 and f 0 (100) = −20. What do these two quantities
mean in terms of sales of jerseys?
(b) The revenue earned by the store from the sale of jerseys is defined to be the number
of jerseys sold times the price per jersey. In other words, if R represents revenue, then
R = q · x, or said differently R = x · f (x). What is the revenue earned by the store when
it prices jerseys at $100 each? What is the rate at which that revenue is changing when
the price is $100? If the price were changed from $100 to $101 per jersey, what could
the store owners expect in terms of revenue change?