manufacturer of graphing calculators has determined that 10,000 calculators per week will be sold at a price of $95. At a price of $90, it is estimated that 12,000 calculators will be sold. a. Determine a linear function that predicts the number of calculatorsthat will be sold each month at a given price. b. Use this model to predict the number of calculatorsthat will be sold at a price of $8500. c. What is the slope of the line in part(a) and what does it represent (in words)? d. What is the y-intercept of the line in part(a) and what does it represent (in words)?
manufacturer of graphing calculators has determined that 10,000 calculators per week will be sold at a price of $95. At a price of $90, it is estimated that 12,000 calculators will be sold. a. Determine a linear function that predicts the number of calculatorsthat will be sold each month at a given price. b. Use this model to predict the number of calculatorsthat will be sold at a price of $8500. c. What is the slope of the line in part(a) and what does it represent (in words)? d. What is the y-intercept of the line in part(a) and what does it represent (in words)?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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A manufacturer of graphing calculators has determined that 10,000 calculators per week will be sold at a price of $95. At a price of $90, it is estimated that 12,000 calculators will be sold.
a. Determine a linear function that predicts the number of calculatorsthat will be sold each month at a given price.
b. Use this model to predict the number of calculatorsthat will be sold at a price of $8500.
c. What is the slope of the line in part(a) and what does it represent (in words)?
d. What is the y-intercept of the line in part(a) and what does it represent (in words)?
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