Mathematics, 25.08.2020 20:01 brooklyn4932

Digital Genius manufactures a cell phone charging pad that can fully charge any cell phone that is placed on it in 15 minutes. The analytics department determined that at a price of $103.00 each, the demand would be 6 thousand pads, and at $53.00 each, the demand would be 16 thousand pads. Based on the assumption that a linear relationship exists between price and demand, the price-demand equation is given by y=(-15x)+133 where x is the number of thousands of pads in demand. At what price point should they sell the pads to have a demand of 14 thousand pads? 1.$63.00 2.$26.60 3.$23.80 4.$70.00

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Digital Genius manufactures a cell phone charging pad that can fully charge any cell phone that is p...