Eight less than 7times a number is -29
1 answer:
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We can write that as a function:
where is the number of price reductions. We can see that it is a quadratic function which has the biggest value at P = (p, q). It means that p is the number of reductions which results in the biggest profit.
It means that it's the best to make 2 price reductions for the company. The tickets should be sold for $200 - 2 * $20 = $160. It results in 2 * 50 more tickets sold which is 300 + 100 = 400.
Answer:
Ticket price: $160
Number of tickets: 400
Answer:
The statement is incorrect because an inverse relationship between y and x would imply that the graph would be a downward curved graph whose slope changes rather than linear which has constant slope (see image).
Best to express this situation as:
There is a linear relationship between y and x with a negative constant slope. The keyword here is constant since the slope is the same in a linear relationship
Step-by-step explanation:
An inverse relationship exists between y and x when y is proportional to the reciprocal of y
This would be expressed in the form ∝
As x decreases , y increases or vice-versa. It is often expressed in equation form as or
where k is a constant and whose graph is curved in nature. The slope is changing for the range of x values not constant as would be the case for a linear graph
All we can say about the data is that there is a linear relationship between y and x with a negative constant slope
