Question

Let f(p) be the average number of days a house stays on the market before being sold for price p in 1,000s which statement best describes the meaning of f(150)

Answer 1

Given the equation: f(p) = 1000p

Since: p = number of days = 150

Then f(p) would be the amount that the house was sold for after being on the market for "p" days. Applying that p = 150; then f(150) means that the house was sold for $150,000 after being on the market for an average of 150 days.

So the answer is 150