A producer will supply 30 items at a price of $15 per item. For every $9 increase in price per item, 515 more items will be provided. Find the linear supply function, p(x), for this item. Enter your answer in slope-intercept form, using exact numbers. P(x) =

A producer will supply 30 items at a price of $15 per item. For every $9 increase in price per item, 515 more items will be provided. Find the linear supply function, p(x), for this item. Enter your answer in slope-intercept form, using exact numbers. P(x) =

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A producer will supply 30 items at a price of $15 per item. For every $9 increase in price per item, 515 more items will be provided.
Find the linear supply function, p(x), for this item. Enter your answer in slope-intercept form, using exact numbers.

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