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The following table shows worldwide sales of a certain type of cell phone and their average wholesale prices in 2009 and 2010. Qu Q1 2009 Q1 2010 Wholesale Price 165 155 ($) Sales (millions) 177 216 (a) Use the data to obtain a linear demand function for cell phones. q(p) = Use your demand equation to predict sales to the nearest million phones if the price was set at $158. (Round your answer to the nearest million phones.) million phones (b) Fill in the blank. million units. For every $1 increase in price, sales of cell phones decrease by

The following table shows worldwide sales of a certain type of cell phone and their average wholesale prices in 2009 and 2010. Qu Q1 2009 Q1 2010 Wholesale Price 165 155 ($) Sales (millions) 177 216 (a) Use the data to obtain a linear demand function for cell phones. q(p) = Use your demand equation to predict sales to the nearest million phones if the price was set at $158. (Round your answer to the nearest million phones.) million phones (b) Fill in the blank. million units. For every $1 increase in price, sales of cell phones decrease by

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 12PFA
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The following table shows worldwide sales of a certain type of cell phone and their average wholesale prices in 2009 and 2010. Q1 2009 Qua Q1 2010 Wholesale Price 165 155 ($) Sales (millions) 177 216 (a) Use the data to obtain a linear demand function for cell phones. q(p) = %D Use your demand equation to predict sales to the nearest million phones if the price was set at $158. (Round your answer to the nearest million phones.) million phones (b) Fill in the blank. million units. For every $1 increase in price, sales of cell phones decrease by
Transcribed Image Text:The following table shows worldwide sales of a certain type of cell phone and their average wholesale prices in 2009 and 2010. Q1 2009 Qua Q1 2010 Wholesale Price 165 155 ($) Sales (millions) 177 216 (a) Use the data to obtain a linear demand function for cell phones. q(p) = %D Use your demand equation to predict sales to the nearest million phones if the price was set at $158. (Round your answer to the nearest million phones.) million phones (b) Fill in the blank. million units. For every $1 increase in price, sales of cell phones decrease by
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