0.2 x 40
=8
(change the percentage to a decimal)
Answer:
B
Step-by-step explanation:
The exponential function has the form 
where a is the starting value or y-intercept. B is the rate of change and x is the variable typically time. In this situation, 
has starting value 4, rate 3 and a -x.
Normally an exponential curve glides left to right growing steeper as it goes. But a -x flips this behavior. The curve starts very steep then gradually slows down. This means only graphs B or D are options. Since only graph B of these two has a y-intercept at 4, graph B is the solution.
Answer:
When customers wait longer for tables, they are more likely to pay higher prices.
Step-by-step explanation:
Supply/Demand relationships predict that changing one side will influence the other. If demand exceeds capacity, suppliers can raise prices without risk of losing products sold. In fact, total income will rise. The restaurant may raise it's price to the point that supply meets demand. In this case, the goal of the higher priced meals is to reduce wait times, not meals sold. If the meals sold are all at a higher price/meal, then income rises and wait times are reduced. What's not to like, if you own the restaurant?
