document.write( "Question 1196916: A 650 room hotel in Orlando is filled to capacity every night when the room price is 90 per night. For every $5 dollar increase in price , 10 fewer rooms are filled. Find a linear formula for the number of rooms demanded, N, as a function of price p \n" ); document.write( "

Algebra.Com's Answer #829961 by ikleyn(52797) $\"\"$ $\"About$

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\n" ); document.write( "A 650 room hotel in Orlando is filled to capacity every night when the room price is 90 per night.
\n" ); document.write( "For every $5 dollar increase in price , 10 fewer rooms are filled.
\n" ); document.write( "Find a linear formula for the number of rooms demanded, N, as a function of price p.
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document.write( "We know that the formula is linear, and we know that the slope is this negative ratio\r\n" );
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document.write( "    m =  = -2, \r\n" );
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document.write( "which means that 2 rooms become vacant for each $1 increase in price.\r\n" );
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document.write( "Therefore, the formula for N(p) is  N{p) = 650 - 2p.    ANSWER\r\n" );
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document.write( "The formula really describes that 10 rooms become vacant as the price increase by $5.\r\n" );
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