document.write( "Question 339671: You are selling cups of coffee at a sporting event. Your sales records show that when the coffee is priced at $3 per cup, you sell 650 cups. When the coffee is prices at $2.50, you sell 930 cups.\r
\n" ); document.write( "\n" ); document.write( "Using that information, write a linear equation for the relationship between price (p) and quantity (q) sold. Your starting point is: q = mx + b, which is the slope intercept form of an equation, and using the two ordered pairs you find m and b. Make sure your answer here is an equation\r
\n" ); document.write( "\n" ); document.write( "Using the equation in #5 above, at what price of the coffee with you sell 800 cups? Round your answer to the nearest nickel, Use the formula Q=mP+b
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Algebra.Com's Answer #243321 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
You are selling cups of coffee at a sporting event. Your sales records show that when the coffee is priced at $3 per cup, you sell 650 cups. When the coffee is prices at $2.50, you sell 930 cups.
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\n" ); document.write( "(3,650);(2.5,*930)
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\n" ); document.write( "Using that information, write a linear equation for the relationship between price (p) and quantity (q) sold. Your starting point is: q = mp + b, which is the slope intercept form of an equation, and using the two ordered pairs you find m and b. Make sure your answer here is an equation
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\n" ); document.write( "m = (930-650)/(2.5-3) = 280/-0.5 = -560
\n" ); document.write( "Intercept ?
\n" ); document.write( "650 = -560*3 + b
\n" ); document.write( "b = 2330
\n" ); document.write( "Equation:
\n" ); document.write( "q(p) = -560p + 2330
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\n" ); document.write( "Using the equation in #5 above, at what price of the coffee with you sell 800 cups? Round your answer to the nearest nickel, Use the formula Q=mP+b
\n" ); document.write( "800 = -560p+2330
\n" ); document.write( "-560p = -1470
\n" ); document.write( "p = $2.63
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.\r
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