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September 22, 2014

Homework Help: Algebra II

Posted by Nancy on Thursday, January 13, 2011 at 8:52pm.

Suppose a market research company finds that at a price of p = $20, they would sell x=42 tiles each month. If they lower the price to p = $10, them more people would purchase the tile, and they can expect to sell x = 52 tiles in a month's time. Find the equation of the line for the demand equation. Write the answer in p = mx + b form.

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