SOLUTION: when the price,p, charged for a boat tour was $25, the average number of passengers per week, N, was 500. when the price was reduced to $20, the average number of passengers per we
Question 1010614: when the price,p, charged for a boat tour was $25, the average number of passengers per week, N, was 500. when the price was reduced to $20, the average number of passengers per week increased to 650.
find a formula for the demand by finding N as a function of the price,p. Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Find as a function of price
You are given 2 points, ( p, N )
( 25, 500 )
( 20, 650 )
Use general point-slope formula
----------------------------
check:
( 25,500 )
and
( 20, 650 )
OK
