Prepare an equation for the number of cups

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Reference no: EM1317550

Write an equation for the number of cups you sell as a function of the price you charge.

Suppose you have a lemonade stand, and when you charge $1 per cup of lemonade you sell 50 cups.  But when you raise your price to $2 you only sell 25 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: EM1317550

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