A start-up business is typically one that offers a "new" type of service or produces a "new" product. Start-ups are designed to search for a sustainable business model. The function shown in the graph represents new business start-up rates in the United States from 1977 to 2013 as reported by the U.S. Census Bureau. If t represents the year, then which of the following statements correctly describes the function?
A. The function is increasing overall.
B. The function is decreasing overall.
C. The function is increasing for all t such that 1977 < t < 2013.
D. The function is decreasing for all t such that 1977 < t < 2013.
Answer:B
A start-up business is typically one that offers a "new" type of service or produces a "new" product. Start-ups are designed to search for a sustainable business model. The function shown in the graph represents new business start-up rates in the United States from 1977 to 2013 as reported by the U.S. Census Bureau. If t represents the year, then which of the following statements correctly describes the function?
A. The function is increasing overall. B. The function is decreasing overall. C. The function is increasing for all t such that 1977 < t < 2013. D. The function is decreasing for all t such that 1977 < t < 2013.
Explanation: B