A store can sell 400 candy bars per week when the price is $0.50 per candy bar and they can sell 350 candy bars per week when the price is $0.75 per candy bar. Let q represent the number of candy bars sold per week and let p represent the price of a candy bar in dollars. Find the linear demand function in the form q = mp + b. A. q = 0.005p – 1.5 B. q = 200p + 300 C. q = – 0.005p + 2.5 D. q = – 200p + 500 E. q = 0.25p + 50
A store can sell 400 candy bars per week when the price is $0.50 per candy bar and they can sell 350 candy bars per week when the price is $0.75 per candy bar. Let q represent the number of candy bars sold per week and let p represent the price of a candy bar in dollars. Find the linear demand function in the form q = mp + b. A. q = 0.005p – 1.5 B. q = 200p + 300 C. q = – 0.005p + 2.5 D. q = – 200p + 500 E. q = 0.25p + 50
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A store can sell 400 candy bars per week when the price is $0.50 per candy bar and they can sell 350 candy bars per week when the price is $0.75 per candy bar. Let q represent the number of candy bars sold per week and let p represent the price of a candy bar in dollars. Find the linear demand function in the form q = mp + b.
- A.
q = 0.005p – 1.5
- B.
q = 200p + 300
- C.
q = – 0.005p + 2.5
- D.
q = – 200p + 500
- E.
q = 0.25p + 50
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