An e-reader manufacturer expects to sell 50,000 units each year if the selling price is $250. If the selling price is reduced to $190, then the manufacturer expects to sell 130,000 units each year. a. Assume that the relationship between selling price ($) and units sold (1000s) is linear. Find the equation of the line that describes this relationship. Write answer in slope-intercept form. Let x represent the selling price and y represent the units sold (1000s). b. Use the equation from part (a) to estimate the number of units that the manufacturer expects to sell if the selling price is $130. Use approximate values for the slip and y-intercept found in part a. The equation is___ If the selling price is $130, then the manufacturer expects to sell ___units. Use approximate values for the slope and y-intercept found in part a.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter8: Linear Functions
Section8.4: The Slope Of A Line
Problem 8C
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An e-reader manufacturer expects to sell 50,000 units each year if the selling price is $250. If the selling price is reduced to $190, then the manufacturer expects to sell 130,000 units each year. a. Assume that the relationship between selling price ($) and units sold (1000s) is linear. Find the equation of the line that describes this relationship. Write answer in slope-intercept form. Let x represent the selling price and y represent the units sold (1000s). b. Use the equation from part (a) to estimate the number of units that the manufacturer expects to sell if the selling price is $130. Use approximate values for the slip and y-intercept found in part a. The equation is___ If the selling price is $130, then the manufacturer expects to sell ___units. Use approximate values for the slope and y-intercept found in part a.
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