document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=107873>Question 107873</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you have a lemonade stand, and when you charge $2 per cup of lemonade you sell 120 cups.  But when you raise your price to $3 you only sell 60 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.<BR>\n" );
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document.write( "This is what I have so far, please help!	<BR>\n" );
document.write( "Linear function:  C(P)=Pm+b<BR>\n" );
document.write( "Price- $2, cups sold- 120<BR>\n" );
document.write( "Price- $3, cups sold- 60<BR>\n" );
document.write( "Take 120 from 60 we get a= -60<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #78635 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=78635\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let x=price, y=# of cups sold\r<BR>\n" );
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document.write( "So when x=2, then y=120 (ie you sell 120 cups at $2). So that means you have the point (2,120). Now let (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B1%5D ALIGN=MIDDLE  ALT=\"x%5B1%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B1%5D ALIGN=MIDDLE  ALT=\"y%5B1%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >) be that first point (ie <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B1%5D=2 ALIGN=MIDDLE  ALT=\"x%5B1%5D=2\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B1%5D=120 ALIGN=MIDDLE  ALT=\"y%5B1%5D=120\"   DISABLED_style= \"max-width:90%; height:auto;\" >)\r<BR>\n" );
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document.write( "Also when x=3, then y=60 (ie you sell 60 cups at $3). So that means you have the point (3,60). Now let (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B2%5D ALIGN=MIDDLE  ALT=\"x%5B2%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B2%5D ALIGN=MIDDLE  ALT=\"y%5B2%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >) be the second point (ie <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B2%5D=3 ALIGN=MIDDLE  ALT=\"x%5B2%5D=3\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B2%5D=60 ALIGN=MIDDLE  ALT=\"y%5B2%5D=60\"   DISABLED_style= \"max-width:90%; height:auto;\" >)\r<BR>\n" );
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document.write( "So we have two points (2,120) and (3,60)\r<BR>\n" );
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document.write( "Now let's find the equation of the line through those points\r<BR>\n" );
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document.write( "First lets find the slope through the points (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" >) and (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3 ALIGN=MIDDLE  ALT=\"3\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=60 ALIGN=MIDDLE  ALT=\"60\"   DISABLED_style= \"max-width:90%; height:auto;\" >)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=m=%28y%5B2%5D-y%5B1%5D%29%2F%28x%5B2%5D-x%5B1%5D%29 ALIGN=MIDDLE  ALT=\"m=%28y%5B2%5D-y%5B1%5D%29%2F%28x%5B2%5D-x%5B1%5D%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Start with the slope formula (note: (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B1%5D ALIGN=MIDDLE  ALT=\"x%5B1%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B1%5D ALIGN=MIDDLE  ALT=\"y%5B1%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >) is the first point (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" >) and (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B2%5D ALIGN=MIDDLE  ALT=\"x%5B2%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B2%5D ALIGN=MIDDLE  ALT=\"y%5B2%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >) is the second point (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3 ALIGN=MIDDLE  ALT=\"3\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=60 ALIGN=MIDDLE  ALT=\"60\"   DISABLED_style= \"max-width:90%; height:auto;\" >))\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=m=%2860-120%29%2F%283-2%29 ALIGN=MIDDLE  ALT=\"m=%2860-120%29%2F%283-2%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Plug in <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B2%5D=60 ALIGN=MIDDLE  ALT=\"y%5B2%5D=60\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B1%5D=120 ALIGN=MIDDLE  ALT=\"y%5B1%5D=120\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B2%5D=3 ALIGN=MIDDLE  ALT=\"x%5B2%5D=3\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B1%5D=2 ALIGN=MIDDLE  ALT=\"x%5B1%5D=2\"   DISABLED_style= \"max-width:90%; height:auto;\" > (these are the coordinates of given points)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=m=+-60%2F1 ALIGN=MIDDLE  ALT=\"m=+-60%2F1\"   DISABLED_style= \"max-width:90%; height:auto;\" > Subtract the terms in the numerator <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=60-120 ALIGN=MIDDLE  ALT=\"60-120\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=-60 ALIGN=MIDDLE  ALT=\"-60\"   DISABLED_style= \"max-width:90%; height:auto;\" >. Subtract the terms in the denominator <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3-2 ALIGN=MIDDLE  ALT=\"3-2\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1 ALIGN=MIDDLE  ALT=\"1\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "So the slope is\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=m=-60 ALIGN=MIDDLE  ALT=\"m=-60\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Now let's use the point-slope formula to find the equation of the line:\r<BR>\n" );
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document.write( "------Point-Slope Formula------<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y-y%5B1%5D=m%28x-x%5B1%5D%29 ALIGN=MIDDLE  ALT=\"y-y%5B1%5D=m%28x-x%5B1%5D%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > where <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=m ALIGN=MIDDLE  ALT=\"m\"   DISABLED_style= \"max-width:90%; height:auto;\" > is the slope, and (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B1%5D ALIGN=MIDDLE  ALT=\"x%5B1%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B1%5D ALIGN=MIDDLE  ALT=\"y%5B1%5D\"   DISABLED_style= \"max-width:90%; height:auto;\" >) is one of the given points\r<BR>\n" );
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document.write( "So lets use the Point-Slope Formula to find the equation of the line\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y-120=%28-60%29%28x-2%29 ALIGN=MIDDLE  ALT=\"y-120=%28-60%29%28x-2%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Plug in <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=m=-60 ALIGN=MIDDLE  ALT=\"m=-60\"   DISABLED_style= \"max-width:90%; height:auto;\" >, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x%5B1%5D=2 ALIGN=MIDDLE  ALT=\"x%5B1%5D=2\"   DISABLED_style= \"max-width:90%; height:auto;\" >, and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%5B1%5D=120 ALIGN=MIDDLE  ALT=\"y%5B1%5D=120\"   DISABLED_style= \"max-width:90%; height:auto;\" > (these values are given)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y-120=-60x%2B%28-60%29%28-2%29 ALIGN=MIDDLE  ALT=\"y-120=-60x%2B%28-60%29%28-2%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Distribute <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=-60 ALIGN=MIDDLE  ALT=\"-60\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y-120=-60x%2B120 ALIGN=MIDDLE  ALT=\"y-120=-60x%2B120\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=-60 ALIGN=MIDDLE  ALT=\"-60\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=-2 ALIGN=MIDDLE  ALT=\"-2\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=-60x%2B120%2B120 ALIGN=MIDDLE  ALT=\"y=-60x%2B120%2B120\"   DISABLED_style= \"max-width:90%; height:auto;\" > Add <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" > to both sides to isolate y\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=-60x%2B240 ALIGN=MIDDLE  ALT=\"y=-60x%2B240\"   DISABLED_style= \"max-width:90%; height:auto;\" > Combine like terms <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=240 ALIGN=MIDDLE  ALT=\"240\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Answer:\r<BR>\n" );
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document.write( "So the equation of the line which goes through the points (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" >) and (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3 ALIGN=MIDDLE  ALT=\"3\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=60 ALIGN=MIDDLE  ALT=\"60\"   DISABLED_style= \"max-width:90%; height:auto;\" >) is:<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=-60x%2B240 ALIGN=MIDDLE  ALT=\"y=-60x%2B240\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "The equation is now in <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=mx%2Bb ALIGN=MIDDLE  ALT=\"y=mx%2Bb\"   DISABLED_style= \"max-width:90%; height:auto;\" > form (which is slope-intercept form) where the slope is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=m=-60 ALIGN=MIDDLE  ALT=\"m=-60\"   DISABLED_style= \"max-width:90%; height:auto;\" > and the y-intercept is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=b=240 ALIGN=MIDDLE  ALT=\"b=240\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Notice if we graph the equation <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=-60x%2B240 ALIGN=MIDDLE  ALT=\"y=-60x%2B240\"   DISABLED_style= \"max-width:90%; height:auto;\" > and plot the points (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" >) and (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3 ALIGN=MIDDLE  ALT=\"3\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=60 ALIGN=MIDDLE  ALT=\"60\"   DISABLED_style= \"max-width:90%; height:auto;\" >), we get this: (note: if you need help with graphing, check out this solver)\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=drawing%28500%2C+500%2C+-6.5%2C+11.5%2C+45%2C+150%2C%0D%0Agraph%28500%2C+500%2C+-6.5%2C+11.5%2C+45%2C+150%2C%28-60%29x%2B240%29%2C%0D%0Acircle%282%2C120%2C0.12%29%2C%0D%0Acircle%282%2C120%2C0.12%2B0.03%29%2C%0D%0Acircle%283%2C60%2C0.12%29%2C%0D%0Acircle%283%2C60%2C0.12%2B0.03%29%0D%0A%29+ ALIGN=MIDDLE   DISABLED_style= \"max-width:90%; height:auto;\" > Graph of <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=-60x%2B240 ALIGN=MIDDLE  ALT=\"y=-60x%2B240\"   DISABLED_style= \"max-width:90%; height:auto;\" > through the points (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=120 ALIGN=MIDDLE  ALT=\"120\"   DISABLED_style= \"max-width:90%; height:auto;\" >) and (<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3 ALIGN=MIDDLE  ALT=\"3\"   DISABLED_style= \"max-width:90%; height:auto;\" >,<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=60 ALIGN=MIDDLE  ALT=\"60\"   DISABLED_style= \"max-width:90%; height:auto;\" >)\r<BR>\n" );
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document.write( "Notice how the two points lie on the line. This graphically verifies our answer.\r<BR>\n" );
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document.write( "Since the equation is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=-60x%2B240 ALIGN=MIDDLE  ALT=\"y=-60x%2B240\"   DISABLED_style= \"max-width:90%; height:auto;\" > the function is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=C%28p%29=-60p%2B240 ALIGN=MIDDLE  ALT=\"C%28p%29=-60p%2B240\"   DISABLED_style= \"max-width:90%; height:auto;\" > where <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=C%28p%29 ALIGN=MIDDLE  ALT=\"C%28p%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > is the cost (relative to a given price) and p is the price </SPAN>\n" );
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