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A student club is selling t-shirts for Thon every weekend. They found that when selling the shirts for $10 each, they sell 500 shirts on a given weekend. However, that found over the years that every $1 price increase resulted in 10 fewer shirts being sold on a given weekend. Find a formula for the demand function N(P) The demand function gives the number of shirts sold as a function of the price. ON(P)-10P+500 ON(P)--P+ 600 ON(P)--10P-500 ON(P) = -10P+ 600 ON(F)- 10P+600

A student club is selling t-shirts for Thon every weekend. They found that when selling the shirts for $10 each, they sell 500 shirts on a given weekend. However, that found over the years that every $1 price increase resulted in 10 fewer shirts being sold on a given weekend. Find a formula for the demand function N(P) The demand function gives the number of shirts sold as a function of the price. ON(P)-10P+500 ON(P)--P+ 600 ON(P)--10P-500 ON(P) = -10P+ 600 ON(F)- 10P+600

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.6: Solving Quadratic Equations By Using The Quadratic Formula
Problem 64PFA
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A student club is selling t-shirts for Than every weekend. They found that when selling the shirts for $10 each, they sell 500 shirts on a given weekend. However, that found over the years that every $1 price increase resulted in 10 fewer shirts being sold on a given weekend. Find a formula for the demand fonction N(P). The demand function gives the number of shirts sold as a function of the price. ON(P)-10P+ 500- ON(P)--P+ 600 ON(P)--10P+ 500 ON(P) = -10P+ 600 ON(P) = 10P+ 600
Transcribed Image Text:A student club is selling t-shirts for Than every weekend. They found that when selling the shirts for $10 each, they sell 500 shirts on a given weekend. However, that found over the years that every $1 price increase resulted in 10 fewer shirts being sold on a given weekend. Find a formula for the demand fonction N(P). The demand function gives the number of shirts sold as a function of the price. ON(P)-10P+ 500- ON(P)--P+ 600 ON(P)--10P+ 500 ON(P) = -10P+ 600 ON(P) = 10P+ 600
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