A company finds that it can sell 120 items at a price of $490 each and sell 440 items at a price of $150 each. Assuming a linear demand equation what should they charge if they want to sell 340 of the items?

Q: Suppose that a manufacturer has fixed daily costs of $5000 and variable costs of $80 for each item…

A:

Q: In 2005 the monorail in a certain city charged $2 per ride and had an average ridership of about…

A: for 2005 ,                                                                              for 2006,…

Q: As Sales Manager for Montevideo Productions, Inc., you are planning to review the prices you charge…

A: Assume that p is the price and q is the number of contracts.Then, write the given information in the…

Q: If the demand for a thingy is 12,000 per month when the price is $12 and 15,000 when the price is…

A: Find the slope of function.

Q: A mall has a theater that seats 646 people and charges between $6 and $14 per ticket. When tickets…

A:

Q: . If you were to graph two quadratic functions on the same xy-plane, how many intersection points…

A: Given: Two quadratic equation. The given demand function is fx=0.02x-1002 and the given supply…

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.