Consider the market for lollies where if the price per lolly is $4, total market demand for lollies would be 23. Moreover, for each $1 price rise, the demand for lollies would go down by 2 units. Find the equation of the market demand function for lollies.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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(a) Consider the market for lollies where if the price per lolly is $4, total market demand for lollies would be 23. Moreover, for each $1 price rise, the demand for lollies would go down by 2 units. Find the equation of the market demand function for lollies.

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