document.write( "Question 344475: Please help me solve this equation: Last year the promoter of an outdoor music festival charged patrons $45 and had a total attendance of 12 500 people. This year the promoter charged $50 and had a total attendance of 10 900 people.
\n" ); document.write( "(a) Assuming there is a linear relationship between the number N of people attending and the price P of the ticket, find the linear equation relating N and P.
\n" ); document.write( "(b) If the promoter were to price the tickets at $35 next year, how many people would be expected to attend?
\n" ); document.write( "

Algebra.Com's Answer #246432 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
Last year the promoter of an outdoor music festival charged patrons $45 and had a total attendance of 12 500 people. This year the promoter charged $50 and had a total attendance of 10 900 people.
\n" ); document.write( "(a) Assuming there is a linear relationship between the number N of people attending and the price P of the ticket, find the linear equation relating N and P.
\n" ); document.write( "---
\n" ); document.write( "You have two points that relate attendance to price:
\n" ); document.write( "(45,12,500) and (50,10,900)
\n" ); document.write( "slope = (10900-12500)/(50-45) = -1600/5 = -320
\n" ); document.write( "-----
\n" ); document.write( "Form: N = mp + b
\n" ); document.write( "10,900 = -320*50 + b
\n" ); document.write( "b = 10,900+16000
\n" ); document.write( "b = 26,900
\n" ); document.write( "---------------------
\n" ); document.write( "Equation:
\n" ); document.write( "N(p) = -320p + 26,900
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\n" ); document.write( "\n" ); document.write( "(b) If the promoter were to price the tickets at $35 next year, how many people would be expected to attend?
\n" ); document.write( "---
\n" ); document.write( "N(35) = -320*35+26,900
\n" ); document.write( "N(35) = 15,700
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
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