Solve
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-A Vendor Has Learned That, by Pricing Hot $\$ 1.50$

question 31

Multiple Choice

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-A vendor has learned that, by pricing hot dogs at $\$ 1.50$ , sales will reach 85 hot dogs per day. Raising the price to $\$ 2.25$ will cause the sales to fall to 49 hot dogs per day. Let $y$ be the number of hot dogs the vendor sells at x dollars each. Write a linear equation that models the number of hot dogs sold per day when the price is $x$ dollars each.

• A) \(y = - \frac { 1 } { 48 } x + \frac { 2719 } { 32 }\)
• B) \(y = - 48 x - 157\)
• C) \(y = - 48 x + 157\)
• D) \(y = 48 x + 13\)

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Definitions:

Accrued Expense

Expenses incurred but not yet paid or recorded at the end of an accounting period, recognizing expenses when they are incurred, not when they are paid.

Salary Owed

The amount of money that an employer is required to pay to an employee for work performed, which has not yet been paid at the statement date.

Unearned Gym Memberships

Income received by a gym or fitness center from memberships that have been paid for but not yet fully utilized, considered a liability until the services are rendered.

Gym Memberships Revenue

Income received from customers for granting access and use of a gym's facilities.