Problema Solution
past events have shown that if tickets are sold for $20 then 650 people will attend the event. For each raise of $2 in the ticket price, It is estimated that 20 less people will attend the event.
Let x= the price of an individule ticket
and let N(x)= the estimated number of patrons that will attend the event at this ticket price.
Answer provided by our tutors
The function is N(x).
The slope of N(x) is -20/2 = -10
So we assume N(x) = -10x +b
When x = 20, N(20) = -10*20 +b = -200 +b = 650, b = 850
So N(x) = -10x + 850
So the function N(x) = -10x +850