Elena’s dad buys another type of cell phone that also usually sells for $250. He pays 75% of the usual price. How much did he pa
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We want to find a linear equation that models the given situation.
The solution is p = $0.0001*q - $23
The general linear equation is:
p = m*q + c
Where m is the slope and c is the y-intercept.
If we know that the line passes through two points (x₁, y₁) and (x₂, y₂) then the slope can be written as:
Here we have the two points:
price = $9, boxes = 320,000
price = $8.50, boxes = 270,000
We can rewrite these as:
(320,000 , $9)
(270,000 , $8.50)
Then the slope of the line will be:
Then the line is something like:
p = $0.0001*q + c
To find the value of c we can use one of the two given points, I will use the first one, (320,000 , $9).
Replacing that in our equation we get:
$9 = $0.0001*320,000 + c
$9 - $0.0001*320,000 = c = -$23
Then the linear equation is:
p = $0.0001*q - $23
If you want to learn more you can read:
Answer: The required exponential model is
Step-by-step explanation:
Since we have given that
Initial cases = 1804
Rate of growth = 4%
Since it is increasing exponentially,
So, it becomes,
Here, a = 1804
b =
So, it becomes,
Hence, the required exponential model is