14
Digital Genius manufactures a cell phone charging pad that can fully charge any cell phone that is placed on it in 15 minutes.
The analytics department determined that at a price of $103.00 each, the demand would be 6 thousand pads, and at $53.00
each, the demand would be 16 thousand pads. Based on the assumption that a linear relationship exists between price and
demand, the price-demand equation is given by
p(x) = 5x + 133,
OA $23.80
OB. $70.00
OC. $63.00
OD. $26.60
where x is the number of thousands of pads in demand. At what price point should they sell the pads to have a demand of
14 thousand pads?
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Question

07-09-2022
Mathematics

Answered

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14
Digital Genius manufactures a cell phone charging pad that can fully charge any cell phone that is placed on it in 15 minutes.
The analytics department determined that at a price of $103.00 each, the demand would be 6 thousand pads, and at $53.00
each, the demand would be 16 thousand pads. Based on the assumption that a linear relationship exists between price and
demand, the price-demand equation is given by
p(x) = 5x + 133,
OA $23.80
OB. $70.00
OC. $63.00
OD. $26.60
where x is the number of thousands of pads in demand. At what price point should they sell the pads to have a demand of
14 thousand pads?
-
Reset
Submit

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