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 3000 shirts can be sold at a price of $56, while 8000 shirts can be sold at a price of $16. Give a linear equation in the form p mn + b that gives the price p they can charge for n shirts. Answer: p = Round the value of your slope to three decimal places. Be careful to use the proper variable and use the Preview button to check your syntax before you submit your answer.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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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 3000 shirts can be
sold at a price of $56, while 8000 shirts can be sold at a price of $16. Give a linear equation in the
form p = mn + b that gives the price p they can charge for n shirts.
Answer: p =
Round the value of your slope to three decimal places. Be careful to use the proper variable and
use the Preview button to check your syntax before you submit your answer.
Transcribed Image Text: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 3000 shirts can be sold at a price of $56, while 8000 shirts can be sold at a price of $16. Give a linear equation in the form p = mn + b that gives the price p they can charge for n shirts. Answer: p = Round the value of your slope to three decimal places. Be careful to use the proper variable and use the Preview button to check your syntax before you submit your answer.
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