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The future super bowl winners, the LA Dodgers, will be selling a lot of apparel after the eventual, but obvious win on November 3, 2019.

The future super bowl winners, the LA Dodgers, will be selling a lot of apparel after the eventual, but obvious win on November 3, 2019. The apparel sold will depend on one thing: the income of the fan (Although, Im not sure who would not want to be a dodger fan, but people do weird things). The following function provides you with the demand for apparel which, self-proclaimed super fan Josh.

Apparel sold = 0.05 x Income

  1. How much apparel should Josh, who makes $21,000 buy? (if you answer all his money, you would be right and earn my respect, but you would be wrong for the assignment)

    _________________

  2. How much would Josh purchase if he made $120,000 in dodgers apparel? ______________

  3. How much in percent will Josh purchase out of his income of Dodgers gear?__________

  4. If Josh makes no income, will he still purchase gear? ______ How much? _________

  1. Complete the following table and graph it in the diagram for Michael, another super fan.

Apparel sold = $100 + 0.02 x Income

Income

Dodger Apparel Gear

0

5,000

45,000

89,000

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