Question

The Pool Company has learned that, by pricing a newly released Fun Noodle At $1, sales will reach 5000 Fun Noodles per day during the summer. Raising the price to $4 will cause the sales to fall to 2000 Fun Noodles per day. The equation is?

Answer 1

Explanation:

lope is (13000-15000)/(5-3)=-2000/2=-1000

point slope formula: y-y1=m(x-x1), m slope and (x1,y1) a point

y-15000=-1000(x-3)

y-15000=-1000x+3000

y=-1000x+18000

when x=$3.50

y=-3500+18000=14,500 noodles predicted to be sold.