A manufacturing company finds that they can sell 750 items at $1.50 per item and 550 items at $3.50 per item
A manufacturing company finds that they can sell 750 items at $1.50 per item and 550 items at $3.50 per item. If the relationship between the number of items sold x and the price per item p is a linear one:Find a formula that gives x in terms of p: x=Now use the formula to find the number of items they will sell if the price per item is $2.50. They will sell items if the price is $2.50.
…………….Answer Preview…………….
The equation is given by
x= mp + b
Part a
The coordinates are (1.5, 750) and (3.5, 550)
M= (550-750) / (3.5-1.5)
M=-200/2+=-100…..