math

posted by .

You have just opened a new nightclub, Russ' Techno Pitstop, but are unsure of how high to set the cover charge (entrance fee). One week you charged $9 per guest and averaged 160 guests per night. The next week you charged $11 per guest and averaged 140 guests per night.
(a) Find a linear demand equation showing the number of guests q per night as a function of the cover charge p.

  • math -

    q = ap+b

    160 = 9a+b
    140 = 11a+b

    a = -10
    b = 250

    q = 250 - 10p

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Honors Algebra

    Hi, I need some help with my Algebra. This is how it goes: Yet another company subsidiary of the company is a company that provides a dumpster rental service. The company will deliver a dumpster to a customer's site for a one-time …
  2. Pre Algebra

    Suppose you have an after school baby sitting service. You charge a flat fee of $10 per week plus $3 per hour. The equation y = 3x + 10 represents your earnings per week for one child. Describe the y intercept. Answer: The y intercept …
  3. math

    Mack’s hourly wage is raised from $12.10 per hour to $13.35 per hour. He works 40 hours per week. How much more does he earn per week at this new rate?
  4. Algebra

    You have just opened a new nightclub, Russ' Techno Pitstop, but are unsure of how high to set the cover charge (entrance fee). One week you charged $8 per guest and averaged 330 guests per night. The next week you charged $10 per guest …
  5. Math

    John has two part time jobs. He works no more than 40 hours per week. He earns $6 per hour from the first job and $8 per hour from the second job. To cover his expenses, he needs to earn at lease $210 per week. Which of the following …
  6. Economics

    Two-Part Tariff Problem Suppose that each of a firm’s customers has the following demand curve: P = 20 – 2Q. Suppose also that the firm’s total cost function is TC = 8Q. The firm is considering three pricing strategies. Strategy …
  7. Calculus

    You have just opened a new nightclub, Russ' Techno Pitstop, but are unsure of how high to set the cover charge (entrance fee). One week you charged $9 per guest and averaged 165 guests per night. The next week you charged $10 per guest …
  8. Calculus

    You have just opened a new nightclub, Russ' Techno Pitstop, but are unsure of how high to set the cover charge (entrance fee). One week you charged $9 per guest and averaged 165 guests per night. The next week you charged $10 per guest …
  9. math

    We are planning a reception for our daughter. The hall that we are renting charges a $70 cleanup fee. In addition to the cleanup fee, they charge $28 per guest for food and drinks. If we have $1,800.00 available, what is the maximum …
  10. MATH

    I am new to this site. I am not sure if my last post went thru, with my calculations for review, so I will copy and paste my entire query. Thanks for your assistance. === Additional questions: this is for a form I need to fill out …

More Similar Questions