your market studies reveal the following sales figures: when the price is set at $2.00 per hamburger, the sales amount to 2000 per week, but when the price is set at $4.00 per hamburger, the sales drop to zero.use these data to find the linear demand function q(p), where p is the price per hamburger and q is the number of hamburgers they sell at that price per week
your market studies reveal the following sales figures: when the price is set at $2.00 per hamburger, the sales amount to 2000 per week, but when the price is set at $4.00 per hamburger, the sales drop to zero.use these data to find the linear demand function q(p), where p is the price per hamburger and q is the number of hamburgers they sell at that price per week
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 5ECP
Related questions
Question
your market studies reveal the following sales figures: when the price is set at $2.00 per hamburger, the sales amount to 2000 per week, but when the price is set at $4.00 per hamburger, the sales drop to zero.use these data to find the linear demand function q(p), where p is the price per hamburger and q is the number of hamburgers they sell at that price per week
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning