Question: Refer to Exercise 53. Where should the owner set the price if she wants to sell 2200 gallons per day? Exercise 53 When the owner
Refer to Exercise 53. Where should the owner set the price if she wants to sell 2200 gallons per day?
Exercise 53
When the owner of a gas station sets the price of 1 gallon of unleaded gasoline at $2.10, she can sell approximately 1500 gallons per day. When she sets the price at $2.25 per gallon, she can sell approximately 1250 gallons per day. Let G(x) denote the number of gallons of unleaded gasoline sold per day when the price is x dollars. Assume that G(x) is a linear function of x. Approximately how many gallons will be sold per day if the price is set at $2.34 per gallon?
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