Question

Health Care Suppose that $P\left(x\right)$represents the percentage of income spent on health care in year $x$and $I\left(x\right)$represents income in year $x$. Determine a function $H$that represents total health care expenditures in year $x$.

Short answer

A function $H$ that represents total health care expenditures in year$x$is$H\left(x\right)=P\left(x\right)·I\left(x\right)$

Step-by-step solution

Step 1. Given Information

Health Care Suppose that $P\left(x\right)$represents the percentage of income spent on health care in year $x$and $I\left(x\right)$represents income in year $x$. Determine a function $H$that represents total health care expenditures in year$x$.

Step 2. P(x) represents the percentage of income spent on health care in year x.

$I\left(x\right)$represents income in year $x$.

A function $H$that represents total health care expenditures in year $x$.

$H\left(x\right)=P\left(x\right)·I\left(x\right)$