document.write( "Question 5887: Suppose you have a lemonade stand, and when you charge $1 per cup of lemonade you sell 60 cups. But when you raise your price to $2 you only sell 30 cups. Write an equation for the number of cups you sell as a function of the price you charge. Denote \"C\" for number of cups, and \"P\" for the price you charge. Assume the function is linear.\r
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document.write( "I know this may seem really easy, but I have been looking at it forever and I can't figure it out. I want to help my cousin with his homework but it's above my head. Thanks for all your help.
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Algebra.Com's Answer #3098 by longjonsilver(2297)![]() ![]() You can put this solution on YOUR website! when P=1 --> C=60 \n" ); document.write( "when P=2 --> C=30\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "imagine a grpah of C against P...just like y-against-x.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "We have 2 coordinates (1, 60) and (2, 30). Now, assuming it is linear, we can find the gradient, m from:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "m = \n" ); document.write( "\n" ); document.write( "m = (60-30)/(1-2) \n" ); document.write( "m = 30/-1 \n" ); document.write( "m = -30\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "so, from the general equation of a straight line, y=mx+c, we now know that y=-30x+c. Now for c. To find this, we need to know both \"x\" and \"y\"...which we do: we have 2 sets of points. So pick one of them..i chose (1,60):\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "60 = -30(1) + c \n" ); document.write( "60 = -30 + c \n" ); document.write( "c = 90\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "so, equation is now C = -30P + 90\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "jon. \n" ); document.write( " \n" ); document.write( " |