SOLUTION: Suppose you have a lemonade stand, and when you charge $1 per cup of lemonade you sell 50 cups. But when you raise your price to $2 you only sell 25 cups. Write an equation for t
Question 198209: Suppose you have a lemonade stand, and when you charge $1 per cup of lemonade you sell 50 cups. But when you raise your price to $2 you only sell 25 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. Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! If I plot price on the vertical axis and # of cups
on the horizontal axis, I have 2 points given:
(50,1) and (25,2)
The formula to use is:
Multiply both sides by answer
check:
does the line go through (50,1) and (25,2)?
OK
OK
Here's the plot:
