Answer: 7500
Explanation:
Initial price =$5
increase in price = $6
Sales at $5 = 8000
Sales at $6 = 5000
slope = (8000-5000)/(5-6)
= 3000/-1= -3000
Using point slope formula:
y-y1=m(x-x1), m slope
and (x1,y1) a point
y-8000=-3000(x-3)
y-8000=-3000x+9000
y=-3000x + 1 7000
when x=$3.50 ( daily sales of noodles).
y=-10500+18000 = 7,500
7500 noodles are estimated to be sold