SOLUTION: Ashwin charges $18 for a custom made t-shirt. He normally sells 350 t-shirts a month. After surveying customers Ashwin discovers that for every $0.50 price reduction he sells an ad
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Question 1169440: Ashwin charges $18 for a custom made t-shirt. He normally sells 350 t-shirts a month. After surveying customers Ashwin discovers that for every $0.50 price reduction he sells an additional 15 shirts. Write a let statement for the independent variable you would use to model this relation (where Revenue is the dependent variable)
Answer by greenestamps(13198) (Show Source): You can put this solution on YOUR website!
The revenue depends on how many times he reduces the price per shirt by $0.50:
Let x = number of price reductions of $0.50 from the starting price of $18
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