Answer:p = (2100 - x)/25
Step-by-step explanation:
According to the law of demand, when the price,p of the brand of MP3 players is is high, the quantity,x of the brand of MP3 players demanded would be low and when the price,p of the brand of MP3 players is is low, the quantity,x of the brand of MP3 players demanded would be high.
To derive the demand equation, we would apply the slope intercept form of equation which is expressed as
y = mx + c
Where
m = slope
c = intercept
The slope, m would be
(y2 - y1)/(x2 - x1)
Slope = (1100 - 100)/(40 - 80) = 1000/-40
Slope = - 25
To find the y intercept, we would substitute m = - 25, y = 1100 and x = 40 into y = mx + c. It becomes
1100 = - 25 × 40 + c
1100 = - 1000 + c
c = 1100 + 1000 = 2100
y = - 25x + 2100
Therefore, the demand equation is
x = - 25p + 2100
25p = 2100 - x
p = (2100 - x)/25
Answer:
Are you asking? Or telling me? Sorry im not sure what you want me to do...--
Step-by-step explanation:
The slope of the linear equation is 20 and the y-intercept is 150
<h3>What is a Slope?</h3>
Slope measures how steep a straight line is. It is described as rise over run.
The slope of the linear equation can be found as follows;
He opens the account with $150 and he plans to save $20 each week. Therefore,
let
x = number of weeks
Therefore,
where
y = amount in his account after x number of weeks.
Using the slope intercept equation,
<h3>Slope intercept equation:</h3>
where
m = slope
c = y-intercept
Therefore, the slope of the linear equation is 20 and the y-intercept is 150
learn more on slope here: brainly.com/question/8057577
Answer: Probability is 0.00205 = 0.205%
Step-by-step explanation: P(rain) = 0.71, P(no rain) = 0.29.
P(no rain in 5 days)= 0.29·0.29·0.29·0.29·0.29= 0.00205
