Home » Downloads » A manufacturing company finds that they can sell 750 items at 1.50 per item and 550 items at 3.50 per item

A manufacturing company finds that they can sell 750 items at 1.50 per item and 550 items at 3.50 per item

A manufacturing company finds that they can sell 750 items at $1.50 per item and 550 items at $3.50 per item

A manufacturing company finds that they can sell 750 items at $1.50 per item and 550 items at $3.50 per item. If the relationship between the number of items sold x and the price per item p is a linear one:Find a formula that gives x in terms of p: x=Now use the formula to find the number of items they will sell if the price per item is $2.50. They will sell  items if the price is $2.50.

 

 

…………….Answer Preview…………….

The equation is given by

x= mp + b

 

Part a

The coordinates are (1.5, 750) and (3.5, 550)

M= (550-750) / (3.5-1.5)

M=-200/2+=-100…..

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