3. To raise some funds, students at Madison elementary school are selling hotdogs at the football game. They know that selling 100 hotdogs will generate a profit of $30 while selling 200 will generate a profit of $95. If the relationship between profit (p) and number of hotdogs sold (h) is linear, a) Find the equation that models the relationship between p and h. b) Find b, the y-intercept. Provide the contextual meaning of b. c) Find m, the slope of the line. Provide the contextual meaning of m.

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter7: Equations And Inequalities In Two Variables
Section7.1: Rectangular Coordinate System And Linear Equations
Problem 43PS
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3. To raise some funds, students at Madison elementary school are selling hotdogs at the football game.
They know that selling 100 hotdogs will generate a profit of $30 while selling 200 will generate a
profit of $95. If the relationship between profit (p) and number of hotdogs sold (h) is linear,
a) Find the equation that models the relationship between p and h.
b) Find b, the y-intercept. Provide the contextual meaning of b.
c) Find m, the slope of the line. Provide the contextual meaning of m.
Transcribed Image Text:3. To raise some funds, students at Madison elementary school are selling hotdogs at the football game. They know that selling 100 hotdogs will generate a profit of $30 while selling 200 will generate a profit of $95. If the relationship between profit (p) and number of hotdogs sold (h) is linear, a) Find the equation that models the relationship between p and h. b) Find b, the y-intercept. Provide the contextual meaning of b. c) Find m, the slope of the line. Provide the contextual meaning of m.
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