Question

8.At Quin's Grocery Store the demand for ground beef is 50 lbs per week when the

price is $4 per lb, but is only 40 lbs per week when the price rises to $5.50 per lb. Find
the demand function and use it to predict the demand when the price rises to $5.80

Answer 1

the prediction i made was about 38-37 pounds for the demand when the price goes up. the demand goes down at a decimal rate of 5.23 or the demand of 50/4 is 12.5 but 40/5.5 is 7.27 repeating.