Wilderness Fanatic, a manufacturer of outdoor goods, is willing to supply 1000 of its Blue Thrash tandem kayaks when the price per kayak is set at $690. If the price per kayak is reduced by $100, Wilderness Fanatic will supply 250 fewer kayaks.
(a) Determine the supply equation for this product, assuming price, p, and quantity, x, are linearly related.
p =
(b) Determine the price per kayak when Wilderness Fanatic is willing to supply 1130 units.
$ per kayak
Answers: 2
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