A clothing business finds there is a linear relationship between the number of shirts, n, it can sell and the price, p, it can charge per shirt. In particular, historical data shows that 1000 shirts can be sold at a price of $30, while 4000 shirts can be sold at a price of $18. Find a linear equation in the form p(n)=mn+b that gives the price p they can charge for n shirts.
A clothing business finds there is a linear relationship between the number of shirts, n, it can sell and the price, p, it can charge per shirt. In particular, historical data shows that 1000 shirts can be sold at a price of $30, while 4000 shirts can be sold at a price of $18. Find a linear equation in the form p(n)=mn+b that gives the price p they can charge for n shirts.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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A clothing business finds there is a linear relationship between the number of shirts, n, it can sell and the price, p, it can charge per shirt. In particular, historical data shows that 1000 shirts can be sold at a price of $30, while 4000 shirts can be sold at a price of $18. Find a linear equation in the form p(n)=mn+b that gives the price p they can charge for n shirts.
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