document.write( "Question 458643: Suppose you have a cookie stand, and when you charge $3 per cookie
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document.write( "box you sell 200 boxes. But when you raise your price to $4 you only
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document.write( "sell 120 boxes. \r
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document.write( "a. Write an equation for the number of boxes you sell as a function of
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document.write( "the price you charge. \r
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document.write( "b. Denote \"B\" for number of boxes, and \"P\" for the price you charge.\r
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document.write( "c. Assume the function is linear.. \n" );
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Algebra.Com's Answer #314700 by lwsshak3(11628)![]() ![]() ![]() You can put this solution on YOUR website! Suppose you have a cookie stand, and when you charge $3 per cookie \n" ); document.write( "box you sell 200 boxes. But when you raise your price to $4 you only \n" ); document.write( "sell 120 boxes. \n" ); document.write( "a. Write an equation for the number of boxes you sell as a function of \n" ); document.write( "the price you charge. \n" ); document.write( "b. Denote \"B\" for number of boxes, and \"P\" for the price you charge. \n" ); document.write( "c. Assume the function is linear. \n" ); document.write( ".. \n" ); document.write( "Since function is linear, we will be using the standard form: y=mx+b, with m=slope, b=y-intercept \n" ); document.write( "For given problem: \n" ); document.write( "B=mP+b \n" ); document.write( "Given are two points on the (P,B) curve,(3,200) and (4,120) \n" ); document.write( "slope, m=∆B/∆P=(200-120)/(3-4)=80/-1=-80 \n" ); document.write( "B=-80P+b \n" ); document.write( "plug in B & P from one of given points to solve for b, the y-intercept \n" ); document.write( "200=-80*3+b \n" ); document.write( "b=200+240=440 \n" ); document.write( "Equation: B=-80P+440 \n" ); document.write( " |