SOLUTION: the chocolate moose can sell 75 lbs of their huckleberry chocolates per week when they set the price at $6 per pound. but, they can only sell 45lbs in a week if the price is $8 per
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Question 1141629: the chocolate moose can sell 75 lbs of their huckleberry chocolates per week when they set the price at $6 per pound. but, they can only sell 45lbs in a week if the price is $8 per pound. find linear (demand) equation that models the number N of huckleberry chocolates that the chocolate mousse can sell each week at price p dollars Answer by ikleyn(52847) (Show Source):
First find the slope of the linear function
m = .
In this problem, = 75; = 45; = 6; = 8,
so m = = = -15.
Thus the demand function of price x is d(x) = 75 - 15*(x-6) pounds of the chocolate moose.
It is the same as d(x) = 75 + 90 - 15x = 165 - 15x.
ANSWER. The demand function of the price x is d(x) = 165 - 15x pounds of the chocolate moose.
