Arlinda says there is a linear relationship between the price (p) of 500ml soft drink and the number sold (x). The formula is x = ap + b where a and b are constants. At N$20 she sells 1500 of the 500ml soft drinks but the quantity sold falls by 200 of the 500ml soft drinks when she increases the price by 50%. At what price will 600 of the 500ml energy drinks be sold?

600 of the 500ml energy drinks be sold be sold at $45

Step-by-step explanation:

The linear relationship between the price (p) of 500ml soft drink and the number sold (x) is expressed as

x = ap + b

At N$20 she sells 1500 of the 500ml soft drinks. This means that the first equation would be

1500 = 20a + b - - - - - - - - -1

the quantity sold falls by 200 of the 500ml soft drinks when she increases the price by 50%. This means that the new quantity sold is 1500 - 200 = 1300

The price at which they were sold is

20 + (50/100 × 20) = $30

The second equation would be

1300 = 30a + b - - - - - - - - -2

Subtracting equation 2 from equation 1, it becomes

200 = - 10a

a = 200/- 10 = - 20

Substituting a = - 20 into equation 2, it becomes

1300 = 10 × - 20 + b

1300 = - 200 + b

b = 1300 + 200 = 1500

The linear relationship becomes

x = - 20p + 1500

If x = 600, then

600 = - 20p + 1500

- 20p = 600 - 1500 = - 900

p = - 900/ - 20

p = $45

answer: evaluate the objective function at each vertex to determine which - and -values, if any, maximize or minimize the function. example: find the minimum value and maximum value of the objective function f ( x , y ) = 4 x + 5 y , subject to the following constraints