document.write( "Question 458643: 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. \r
\n" ); document.write( "\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. \r
\n" ); document.write( "\n" ); document.write( "b. Denote \"B\" for number of boxes, and \"P\" for the price you charge.\r
\n" ); document.write( "\n" ); document.write( "c. Assume the function is linear..
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Algebra.Com's Answer #314700 by lwsshak3(11628)\"\" \"About 
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( "
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