Let N be the number of items sold and p the price.
Since the variation is inverse, then the relation between N and p is:
For N=20000 and p = $9.5, we get the formula:
If p = 8.75, then the number of items sold can be computed using the formula:
Since the variation is inverse, then the relation between N and p is:
For N=20000 and p = $9.5, we get the formula:
If p = 8.75, then the number of items sold can be computed using the formula:
