Math Problem Statement
Suppose that the demand D for candy at a theater is inversely related to the price p. (a) When the price of candy is $3.25 per bag, the theater sells 144 bags of candy. Express the demand for candy in terms of its price. (b) Determine the number of bags of candy that will be sold if the price is raised to $4.00 a bag.
Solution
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Math Problem Analysis
Mathematical Concepts
Inverse Relationships
Proportionality
Algebra
Formulas
D(p) = k/p
k = D * p
Theorems
Inverse Proportionality Theorem
Suitable Grade Level
Grades 9-10