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IsTim
Group Title
A paint store sells 270 cans of paint per month at a price $32 each. A customer survey indicates that for each $1.20 decrease in price, sales will increase by 6 cans of paint. Determine the demand, or price, function.
 2 years ago
 2 years ago
IsTim Group Title
A paint store sells 270 cans of paint per month at a price $32 each. A customer survey indicates that for each $1.20 decrease in price, sales will increase by 6 cans of paint. Determine the demand, or price, function.
 2 years ago
 2 years ago

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IsTim Group TitleBest ResponseYou've already chosen the best response.1
My answer is 0.2x, but the actual answer is 860.2x.
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
First, I found m thru m=1.20/6=0.2 Then I gound m by 1.20=(0.2)6+b
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
got, not gound.
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
Don't give a medal please! I need assistance!
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
Please! This question is relatively simple.
 2 years ago

Mimi_x3 Group TitleBest ResponseYou've already chosen the best response.1
hm, calculus?
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
Yes. IT should be easy.
 2 years ago

Mimi_x3 Group TitleBest ResponseYou've already chosen the best response.1
looks like a minimum/maximum problem..
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
No, even easier than that.
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
Please, anyone, tell me how to achieve the correct answer.
 2 years ago

Mimi_x3 Group TitleBest ResponseYou've already chosen the best response.1
lol, i think there's a formula for it..which i cant remmember.. but i found this on google: http://en.allexperts.com/q/Calculus2063/2010/7/RateChange3.htm
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
You looked up the actual question. Huh.
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
The real answer is 860.2x.
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
I got 0.2x only.
 2 years ago

Mimi_x3 Group TitleBest ResponseYou've already chosen the best response.1
The formula to solve this is \(P(x) = R(x) C(x)\), right?
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
That's something else.
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
The profit function.
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
It's the price function here.
 2 years ago

Mimi_x3 Group TitleBest ResponseYou've already chosen the best response.1
well, whats the formula to solve this? I might be able to work backwards; since i cant remmeber how to do these..
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
Well, it's reall just y=mx+b that we're looking at, with slope nad b sought for.
 2 years ago

Ishaan94 Group TitleBest ResponseYou've already chosen the best response.1
f(x)=270+6(x/1.2)?
 2 years ago

Ishaan94 Group TitleBest ResponseYou've already chosen the best response.1
but this isn't continuous function is it? you cant' sell 270.3333 cans can you?
 2 years ago

IsTim Group TitleBest ResponseYou've already chosen the best response.1
The answer in the textbook is 860.2x.
 2 years ago

Ishaan94 Group TitleBest ResponseYou've already chosen the best response.1
the function?
 2 years ago

Ishaan94 Group TitleBest ResponseYou've already chosen the best response.1
shouldn't the constant term be 270 not 86. as you start from the 270 figure not 86... the negative sign might have been because of the decrease.
 2 years ago
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