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The daily demand for ice cream cones at a price of $1.20 per cone is 50...

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Basic Math

The daily demand for ice cream cones at a price of $1.20 percone is 50 cones. At a price of $2.20 per cone, the demand is 30cones. Use linear interpolation to estimate the demand at a priceof $1.50 per cone.

Answer & Explanation Solved by verified expert
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Answer Linear interpolation is yx20x74 and number of cones will be 44 Explanation a Let the linear interpolation is of the form of yxaxb 1 where    See Answer
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