Suppose a certain home improvement outlet knows that the monthly demand for framing studs is 2,500 when the price is $5.00 each but that the demand is 3,900 when the price is $4.44 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 2,500 when the price is $5.00 each but that the demand is 3,900 when the price is $4.44 each. Assuming that the demand function is linear, write its equation. Use p for price (in dollars) and q for quantity.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section: Chapter Questions
Problem 7T
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