Answer:
b. $1 in price is associated with a decrease of $8,000 in sales
Step-by-step explanation:
Linear function:
A linear function has the following format:
In which m is the slope, which represents by how much y changes when x changes by 1.
ŷ = 50,000 − 8x
This means that 
, in thousands of dollars, so when the price x increases by 1, the sales will be decrease by $8,000, and thus, the correct answer is given by option b.
Answer:
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Okay so x represents the amount of tickets sold. So first, you’d add the $40 + $70 which equals $110. So x = $110.
Now we have to solve for y. Same thing but with different numbers. $200 + $260 = $460.
The answer is (110,460)
x. y.
Answer:
See the detailed answers below
Step-by-step explanation:
Given data
Ratio= 1:4:7
combined ratio= 1+4+7= 12
Total amount= $636,000
Apply the part to all method
The first person will take
1/12= x/ 636,000
cross multiply
12x= 636,000*1
x= 636,000/12
x= 53000
The second person will take
4/12= x/ 636,000
cross multiply
12x= 636,000*4
x= 2544000/12
x= 212000
The third person will take
7/12= x/ 636,000
cross multiply
12x= 636,000*7
x= 4452000/12
x= 371000
