ab Module 2 5. Suppose that 650 lb of coffee are sold when the price is $4 per pound, and 400 lb are sold when the price is $8 per pound. a) List the data points as ordered pairs (use price as the independent variable). b) Find the slope of the line. c) Interpret the meaning of the slope in the context of this problem. Write the interpretation in a complete sentence with proper grammar and correct spelling. d) Use the point-slope form to write a linear equation for this data. Write the answer in function notation. e) Use this function to predict how much consumers would be willing to buy at a price of $6 per pound.

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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ab Module 2
5. Suppose that 650 lb of coffee are sold when the price is $4 per pound, and 400 lb are sold when the
price is $8 per pound.
a) List the data points as ordered pairs (use price as the independent variable).
b) Find the slope of the line.
c) Interpret the meaning of the slope in the context of this problem. Write the interpretation in a
complete sentence with proper grammar and correct spelling.
d) Use the point-slope form to write a linear equation for this data. Write the answer in function
notation.
e) Use this function to predict how much consumers would be willing to buy at a price of $6 per
pound.
Transcribed Image Text:ab Module 2 5. Suppose that 650 lb of coffee are sold when the price is $4 per pound, and 400 lb are sold when the price is $8 per pound. a) List the data points as ordered pairs (use price as the independent variable). b) Find the slope of the line. c) Interpret the meaning of the slope in the context of this problem. Write the interpretation in a complete sentence with proper grammar and correct spelling. d) Use the point-slope form to write a linear equation for this data. Write the answer in function notation. e) Use this function to predict how much consumers would be willing to buy at a price of $6 per pound.
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