
Anthony T. answered 03/26/21
Patient Science Tutor
Question 1: A is the correct answer.
If you list the price per cleaning vs. the # of customers, you get something like below
Price People
125 100
120 120
115 140
As price goes down, people go up. This would plot as a line with a negative slope which would be -4X where X is the price.
The # of people would be represented by Y = -4X + constant.
When Y = 100, X is 125, so the constant = 100 + 4 x 125 = 600, so Y = -4X + 600.
The revenue is X x Y = X(-4X + 600) = -4X2 +600X which is answer A.