Suppose a certain home improvement outlet knows that the monthly demand for framing studs is 2,300 when the price is $3.31 each but that the demand is 3,100 when the price is $3.07 each. Assuming that the demand function is linear, write its equation. Use p for price (in dollars) and q for quantity
Suppose a certain home improvement outlet knows that the monthly demand for framing studs is 2,300 when the price is $3.31 each but that the demand is 3,100 when the price is $3.07 each. Assuming that the demand function is linear, write its equation. Use p for price (in dollars) and q for quantity
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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Suppose a certain home improvement outlet knows that the monthly demand for framing studs is 2,300 when the price is $3.31 each but that the demand is 3,100 when the price is $3.07 each. Assuming that the demand function is linear, write its equation. Use p for price (in dollars) and q for quantity.
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