Wilderness Fanatic, a manufacturer of outdoor goods, is willing to supply 1200 of its Blue Thrash tandem kayaks when the price per kayak is set at $414. If the price per kayak is reduced by $75, Wilderness Fanatic will supply 625 fewer kayaks. (a) Determine the supply equation for this product, assuming price, p, and quantity, x, are linearly related. p = (b) Determine the price per kayak when Wilderness Fanatic is willing to supply 1210 units. $ per kayak
Wilderness Fanatic, a manufacturer of outdoor goods, is willing to supply 1200 of its Blue Thrash tandem kayaks when the price per kayak is set at $414. If the price per kayak is reduced by $75, Wilderness Fanatic will supply 625 fewer kayaks. (a) Determine the supply equation for this product, assuming price, p, and quantity, x, are linearly related. p = (b) Determine the price per kayak when Wilderness Fanatic is willing to supply 1210 units. $ per kayak
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.CR: Chapter 1 Review
Problem 75CR
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Wilderness Fanatic, a manufacturer of outdoor goods, is willing to supply 1200 of its Blue Thrash tandem kayaks when the price per kayak is set at $414. If the price per kayak is reduced by $75, Wilderness Fanatic will supply 625 fewer kayaks.
(a) Determine the supply equation for this product, assuming price, p, and quantity, x, are linearly related.
(b) Determine the price per kayak when Wilderness Fanatic is willing to supply 1210 units.
$ per kayak
| p | = |
|
(b) Determine the price per kayak when Wilderness Fanatic is willing to supply 1210 units.
$ per kayak
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