Wednesday

October 1, 2014

October 1, 2014

Posted by **kim** on Sunday, January 15, 2012 at 11:53pm.

- math -
**Steve**, Monday, January 16, 2012 at 11:33amI think the equation should be

x = mp+b

since the price is set, and the demand follows.

x(30) = 32

x(10) = 52

32 = 30p + b

52 = 10p + b

20p = -20

p = -1

b = 62

x = -p + 62

or, if you have a sales goal you want to meet, you can figure the price you must set by

p = -x + 62

**Answer this Question**

**Related Questions**

Math - a. Suppose a market research company finds that at a price of p = $30, ...

math - Suppose that a market research company finds that at a price of p=$25, ...

algebra - Suppose a market research company finds that at a price of p=$25,they ...

Algebra II - Suppose a market research company finds that at a price of p = $20...

algebra - Two part question: Suppose a market research company finds that at a ...

math - a. Suppose a market research company finds that at a price of p = $40, ...

math - a. Suppose a market research company finds that at a price of p = $20, ...

math - a. Suppose a market research company finds that at a price of p = $20, ...

algebra - suppose a market research company finds that a price of p=$22, they ...

algebra - ) Suppose a market research company finds that at a price of p = $30, ...