A 600 room hotel in Orlando is filled to capacity every night when the room price is $90 per night. For every $5 dollar increase in price, 10 fewer rooms are filled. Find a linear formula for the number of rooms demanded N, as a function of price p. ON(p) = 2p + 780 ON(p) = %3D - 2p + 780 %3D 1 ON(P) %3! 5P+ 90 ON(p) = 90p + 600 !3! ON(P) = 5P + 600 %3D O N(p) = -p+ 690

A 600 room hotel in Orlando is filled to capacity every night when the room price is $90 per night. For every $5 dollar increase in price, 10 fewer rooms are filled. Find a linear formula for the number of rooms demanded N, as a function of price p. ON(p) = 2p + 780 ON(p) = %3D - 2p + 780 %3D 1 ON(P) %3! 5P+ 90 ON(p) = 90p + 600 !3! ON(P) = 5P + 600 %3D O N(p) = -p+ 690

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

A 600 room hotel in Orlando is filled to capacity every night when the room price is $90 per night. For
every $5 dollar increase in price, 10 fewer rooms are filled. Find a linear formula for the number of rooms
demanded N, as a function of price p.
O N(p) = 2p + 780
%3D
ON(p) = - 2p + 780
%3D
1
O N(P)
5P + 90
ON(p) =
90p + 600
1
ON(p) =
%3D
5P + 600
-
O N(p) = -p+ 690
%3D

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