Question

A clothing business finds there is a linear relationship between the number of shirts, n, it can sell and the price,p, it can charge per shirt. In particular, historical data shows that 1000 shirts can be sold at a price of $11, while 2000 shirts can be sold at a price of $2. Give a linear equation in the form p mn + b that gives the price p they can charge for n shirts. Answer: p = Round the value of your slope to three decimal places. Be careful to use the proper variable and use the Preview button to check your syntax before you submit your answer.​

Answer 1

The required  linear equation in the form p = mn + b is y = -0.009n + 20

Linear form of a function

The formula for calculating the linear form of a function is expressed as:

y = mx + b

From the given question

• n is the number of shirts
• p is the price

The price and number of shirts can be written in the form (n, p)

The two coordinates required are (1000, 11) and (2000, 2)

Slope  = 2-11/2000-1000
Slope = -9/1000
Slope = -0.009

For the intercept "b"

2 = -0.009(2000) + b

b = 20

The required  linear equation in the form p = mn + b is y = -0.009n + 20

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