In 2009 the average price of a laptop was 803 and the averag
In 2009, the average price of a laptop was $803 and the average price of a desktop PC was $693. The average price of a laptop has decreased by about $143 per year and the average price of a PC has decrease by about $78 per year (Source: Gartner). Let L(t) and D(t) be the average prices (in dollars) of laptops and desktop PCs, respectively, both at t years since 2009. Find equations of L and D. Use the models to predict in what years the average price of a laptop will be less than the average price of a desktop PC.
Solution
a) L(t) = 803 - 143t
D(t) = 693 - 78t
b) We have to find year in which:
L(t) < D(t)
803 - 143t < 693 - 78t
110 < 65t
t > 1.69
So, from 2009 + 1.69 = 2011 onwards the price of laptop will be less than Pc\'s price
