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 1,000 shirts can be sold at a price of $30, while 3,000 shirts can be sold at a price of $14. Find a linear equation in the form p(n)=mn+b that gives the price p they can charge for n shirts.
Equations and Inequations
Equations and inequalities describe the relationship between two mathematical expressions.
Linear Functions
A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
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 1,000 shirts can be sold at a price of $30, while 3,000 shirts can be sold at a price of $14. 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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