When the owner of a gas station sets the price of 1 gallon of unleaded gasoline at $2, he can sell approximately 10,000 gallons per day. When he sets the price at $7 per gallon, he can sell approximately 5,000 gallons. Let G(x) denote the number of gallons of unleaded gasoline sold per day when the price is x dollars. Assume that G(x) is a linear function of x. Approximately how many gallons will be sold per day if the price is set at $2.50 per gallon? If the price of unleaded gasoline is set at $2.50 per gallon, the gas station can expect to sell gallons.
When the owner of a gas station sets the price of 1 gallon of unleaded gasoline at $2, he can sell approximately 10,000 gallons per day. When he sets the price at $7 per gallon, he can sell approximately 5,000 gallons. Let G(x) denote the number of gallons of unleaded gasoline sold per day when the price is x dollars. Assume that G(x) is a linear function of x. Approximately how many gallons will be sold per day if the price is set at $2.50 per gallon? If the price of unleaded gasoline is set at $2.50 per gallon, the gas station can expect to sell gallons.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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