A company launches two new products. The market price, in dollars, of the two products after a different number of years, x, is shown in the following table:
Product Function Year 1
(dollars) Year 2
(dollars) Year 3
(dollars)
Product 1 g (x) = x2 + 11 12 15 20
Product 2 h (x) = 4x 4 16 64
Based on the data in the table, for which product does the price eventually exceed all others, and why?
Product 1, because it has a greater start value
Product 1, because the function is exponential
Product 2, because it has a higher Year 3 value
Product 2, because the function is exponential
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