The catering service on Camp Lejeune charges a flat fee for planning a banquet and then an additional amount per plate. For a banquet with 100 guests the price is $2,300. For a banquet with 150 guests the price is $3.300 a. Find the equation of the line that could be used to calculate the cost of a banquet  based on the number of guests who attend. b. What is the rate of change for the model you found in part a? What does it mean in the context of this problem? Note: When interpreting the rate of change, be sure to include the 4 key words: the units on the x axis, units on the y- axis, state whether this represents an increase or decrease and actually state the vale of the rate of change.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.7: Direct And Inverse Variation
Problem 36PS
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The catering service on Camp Lejeune charges a flat fee for planning a banquet and then an additional amount per plate.

For a banquet with 100 guests the price is $2,300.

For a banquet with 150 guests the price is $3.300

a. Find the equation of the line that could be used to calculate the cost of a banquet  based on the number of guests who attend.

b. What is the rate of change for the model you found in part a? What does it mean in the context of this problem? Note: When interpreting the rate of change, be sure to include the 4 key words: the units on the x axis, units on the y- axis, state whether this represents an increase or decrease and actually state the vale of the rate of change.

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