Make an equation for the number of cups sold

Assignment Help Finance Basics
Reference no: EM1350954

Suppose you had a lemonade stand, and when you charge $1 per cup pf lemonade you sell 60 cups. But when you raise the price to $1.50 you only sell 30 cups. Write an equation for the number of cups you sell as a function of the price you charge. Denote "C" for number of cups, and "P" for the price you charge. Assume the function is linear.

Reference no: EM1350954

Questions Cloud

Procedures for initial planning of financial statement audit : Which of the following procedures would an auditor most likely include in the initial planning of a financial statement audit?
Determine tax bracket after-tax income : Mr. Smith is in the 30 percent tax bracket. He earns $50,000 per year. Determine the rate for Good Neighborcare bond that would give Mr. Smith the same after tax return as Megacorp bond?
Conducting financial audit and fraud audit : Discuss the key difference between conducting a financial audit and a fraud audit, and the related level of responsibility of the auditing firm.
Stages of emotional-intellectual and psysiological : I need help summarize stages of emotional, intellectual, psysiological, and social development of middle child hood children.
Make an equation for the number of cups sold : Assume you had a lemonade stand, and when you charge $1 per cup pf lemonade you sell 60 cups. But when you raise the price to $1.50 you only sell thirty cups.
Forward style and employee policy memo : Write a memo to Forward Style Inc. management to explain which of their offered benefits are required by law and which of the benefits are being used to attract employees.
Critique current auditing standards : Explain how a licensed CPA (as an outside auditor) could be of value to your company. Critique current auditing standards. Analyze the importance of ethics in the audit process.
Prepare a tabular analysis of the transactions : Barone's Repair Corporation was started on May 1st A summary of May transactions is presented below. make a tabular analysis of the transactions, using the following column headings: Supplies, Equipment, Accounts Payable,
Description of reactive and preactive management : Explain and compare the three primary styles of management. Give industry examples as well as how each style handles issue resolution.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd