Answer:
[tex]c=\$37.5[/tex]
Step-by-step explanation:
we know that
A relationship between two variables, x, and y, represent an inverse variation if it can be expressed in the form [tex]y*x=k[/tex] or [tex]y=k/x[/tex]
In this problem we have
[tex]c*p=k[/tex]
step 1
Find the value of the constant k
For [tex]c=30, p=50[/tex]
substitute
[tex]k=30*50=1,500[/tex]
the equation is
[tex]c*p=1,500[/tex]
step 2
Find the value of c for [tex]p=40[/tex]
substitute in the equation and solve for c
[tex]c*(40)=1,500[/tex]
[tex]c=\$37.5[/tex]