Question

Suppose you have a cookie stand, and when you charge $3 per cookie box you sell 200 boxes. But when you raise your price to $4 you only sell 120 boxes.

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PsyDAG
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Colby
Suppose you have a cookie stand, and when you charge $3 per cookie box you sell 200 boxes. But when you raise your price to $4 you only sell 120 boxes.

a. Write an equation for the number of boxes you sell as a function of the price you charge.

b. Denote "B" for number of boxes, and "P" for the price you charge.

c. Assume the function is linear..

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