SOLUTION: Mary has a hamburger stand in town. She says there is a linear relationship between the price (p) of hamburgers and the number sold (x) i.e. 𝒙=𝒂𝒑+𝒃.

Algebra ->  Customizable Word Problem Solvers  -> Age -> SOLUTION: Mary has a hamburger stand in town. She says there is a linear relationship between the price (p) of hamburgers and the number sold (x) i.e. 𝒙=𝒂𝒑+𝒃.      Log On

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Question 1123071: Mary has a hamburger stand in town. She says there is a linear relationship between the price (p) of hamburgers and the number sold (x) i.e. 𝒙=𝒂𝒑+𝒃. At N$10 she sells 1360 hamburgers per month, but only 510 when she doubles the price.
(a) Find a and b
(b) How many hamburgers will be sold at N$16?
(c) What price will ensure sales of 1020 hamburgers?
(d) What is the maximum possible price?

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+x+=+a%2Ap+%2B+b+
You are given 2 points on a straight line, ( p,x )
This is the order because x depends on p
( 10, 1360 )
( 20, 510 )
+1360+=+a%2A10+%2B+b+
+10a+%2B+b+=+1360+
and
+510+=+a%2A20+%2B+b+
+20a+%2B+b+=+510+
————————————
By subtraction:
+10a+=+-+850+
+a+=+-85+
And
+10%2A%28-85%29+%2B+b+=+1360+
+b+=+2210+
The equation is:
+x+=+-85p+%2B+2210+
———————————-
At +p+=+16+
+x+=+-85%2A16+%2B+2210+
+x+=+2210+-+1360+
+x+=+850+ will be sold
—————————————-
At +x+=+1020+
+1020+=+-85%2Ap+%2B+2210+
+85p+=+1190+
+p+=+14+
N$14
—————————————-
The max price will result in 0 sold, so
+0+=+-85p+%2B+2210+
+p+=+26+
N$26 is maximum price