economist and a marketing manager discover that price P, in dollars, of CD players can be modeled with a quadratic formula, where n is the number of CD players (in millions) market demands. Find that equation if the demand n=1 million, the price P=$31.5, the demand n=3 million, the price P=$43.5, the demand n=5 million, the price P=$67.5, What points will you use to find the equation? Step 1. Write the system on equations: Step 2. Find the equation y=

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter10: Quadratic Equations
Section10.5: Graphing Quadratic Equations
Problem 10.108TI: A toy rocket shot upward from the ground at a rate of 208 ft/sec has the quadratic equation of...
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An economist and a marketing manager discover that price P, in dollars, of CD players can be modeled with a quadratic formula, where n is the number of CD players (in millions) market demands. Find that equation if
the demand n=1 million, the price P=$31.5,
the demand n=3 million, the price P=$43.5,
the demand n=5 million, the price P=$67.5,

What points will you use to find the equation?

Step 1. Write the system on equations:

Step 2. Find the equation y=

 

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