(Solved): A cable television firm presently serves 7500 households and charges $45.00 per month. A marketing ...

A cable television firm presently serves 7500 households and charges $45.00 per month. A marketing survey indicates that each decrease of $5.00 in the monthly charge will result in 850 new customers. Suppose that the number of households h is a linear function of the monthly charge p. Answer the following: (a) Based on the given information, determine the expected number of customers if the monthly rate is set at $40. Answer= customers (b) Find the linear pricing function h(p) based on this information. Be careful with your input variable. h (p) =