Answer:
a) N(P) = -6P + 16000
b) slope = -6 computers per dollar
That means the number of computer sold reduce by 6 per dollar increase in price.
c) ∆N = -660 computers
Step-by-step explanation:
Since N(P) is a linear function
N(P) = mP + C
Where m is the slope and C is the intercept.
Case 1
N(1000) = 10000
10000 = 1000m + C ....1
Case 2
N(1700) = 5800
5800 = 1700m + C ....2
Subtracting equation 1 from 2
700m = 5800 - 10000
m = -4200/700
m = -6
Substituting m = -6 into eqn 1
10000 = (-6)1000 + C
C = 10000+ 6000 = 16000
N(P) = -6P + 16000
b) slope = -6 computers per dollar
That means the number of computer sold reduce by 6 per dollar increase in price.
Slope is the change in number of computer sold per unit Change in price.
c) since slope m = -6 computers per dollar
∆P = 110 dollars
∆N = m × ∆P
Substituting the values,
∆N = -6 computers/dollar × 110 dollars
∆N = -660 computers.
The number of computer sold reduce by 660 when the price increase by 110 dollars
Answer:
25
Step-by-step explanation:
25 25
Yes you are correct that is the answer.
