All of the graphs in occur in real life. Find a real-life application of each of the below graph and describe the characteristics of each application as related to the graph.
Attached is a word file with "real-life" examples of a line, a parabola, a hyperbola, and an exponential function. I've included pictures of each graph, and websites where I found the examples.
An example of a linear graph is the graph formed by plotting amount of a flat tax paid against income (blue line in the picture). A flat tax is a set percentage of someone's income (say 30%). In that case the amount of taxes paid (y) is related to income (x) by the following equation:
y = 0.30x