Question

A company has learned that by pricing a newly released toy at $5, sales will reach 2500 per day. Raising the price to $7 will cause the sales to fall to
1500 per day. Assume that the ratio of change in price to change in daily sales is constant and let x be the price of the toy and y be the number of
sales.
a. Find theinear equation that models the price-sales relationship for this toy. [Hint: The line must pass through (5,2500) and (7,1500).]
b. Use this equation to predict the daily sales of the toy if the price is set at $6.50.

Answer 1

Answer:

3250

Step-by-step explanation:

if you divide 2500 by 5 you get 500 so you would multiply 6.50 by 500 qnd get 3250 as your answer