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    nosnomde's Avatar
    nosnomde Posts: 4, Reputation: 1
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    #1

    Mar 6, 2010, 05:00 PM
    linear function equation
    Suppose you have a lemonade stand, and when you charge $1 per cup of lemonade you sell 60 cups. But when you raise your price to $1.50 you only sell 30 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.
    galactus's Avatar
    galactus Posts: 2,271, Reputation: 282
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    #2

    Mar 8, 2010, 05:13 AM

    Your line will have negative slope because as the price raises the number sold goes down.

    Let P=price per cup and let C=number sold

    So, we have (1,60) and (1.5,30)

    Use these two coordinates to find the line equation.
    nosnomde's Avatar
    nosnomde Posts: 4, Reputation: 1
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    #3

    Mar 8, 2010, 05:25 PM
    Quote Originally Posted by galactus View Post
    Your line will have negative slope because as the price raises the number sold goes down.

    Let P=price per cup and let C=number sold

    So, we have (1,60) and (1.5,30)

    Use these two coordinates to find the line equation.
    Thanks a lot

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