Question

Paul is planning to sell bottled water at the local carnival. Paul's profit (in dollars) from selling b bottles of water is given by the formula P=1.05b-151.

Answer 1

Answer: The slope of this profit curve is m = 1.05;Paul profit is increasing at a rate of 1.05 dollar per bottle.

Explanation :

• The standard linear function takes the form of y = mx +c

• Since the Pauls profit is given by the formula ,P = 1.05b -151,, The curve of this profit is in line with the slope ,m = 1.05, as comparing with the standard linear fuction.

,

• Therefore, Paul profit is increasing at a rate of 1.05 dollar per bottle.,