What you’ll learn to do: Analyze and graph rational functions
Suppose we know that the cost of making a product is dependent on the number of items, [latex]x[/latex], produced. This is given by the equation [latex]C\left(x\right)=15,000x - 0.1{x}^{2}+1000[/latex]. If we want to know the average cost for producing [latex]x[/latex] items, we would divide the cost function by the number of items, [latex]x[/latex].
The average cost function, which yields the average cost per item for [latex]x[/latex] items produced, is
[latex]f\left(x\right)=\dfrac{15,000x - 0.1{x}^{2}+1000}{x}[/latex]
Many other application problems require finding an average value in a similar way, giving us variables in the denominator. Written without a variable in the denominator, this function will contain a negative integer power.
In the last few sections, we have worked with polynomial functions, which are functions with non-negative integers for exponents. In this section, we explore rational functions, which have variables in the denominator.