SOLUTION: Your group has decided to open a small business selling office supplies by mail order. One of the items you want to sell is a box of dry erase markers. Each box contains 20 marke

Algebra.Com
Question 538314: Your group has decided to open a small business selling office supplies by mail order. One of the items you want to sell is a box of dry erase markers. Each box contains 20 markers and the customer will pay for the postage. An important thing to decide is the best price to charge for the markers. After doing some market research, you found that if the box of markers costs $30.00, plus postage, no one would buy it. However, if you charge nothing, but the customer still pays for the postage, you can sell 1200 boxes of markers per month. The best price will be somewhere between these extremes.
Answer the following questions:
You must show all work in order to receive full credit. Draw a box around your answers.
Part I
1. Assume there is a linear relationship between the number of boxes sold per month (n) and their price (p). Use the information provided to graph this relationship.


2. Use your graph to find the linear function n(p) = ________________ that describes the situation.

Answer by Stevens123(1)   (Show Source): You can put this solution on YOUR website!

RELATED QUESTIONS

Initial budget: $80,000 loan from family $38,250small business loan from bank A:... (answered by Targetweek)
The Scenario: You want to start your own 3-D printing and manufacturing business. Use... (answered by ikleyn)
You spend $22 to buy supplies for making necklaces, and plan on selling them for $3 each. (answered by josgarithmetic,MathTherapy)
Pizzeria Profits! There are two businesses that have opened in Corona. Let’s compare... (answered by ikleyn)
Axia College Material Appendix C Starting a Business Starting your own business... (answered by richard1234)
Planning a fundraiser your club plans to raise money by selling two sizes of fruit... (answered by solver91311)
You are offered two different jobs selling dental supplies .One has an annual salary of... (answered by scott8148)
Your action figure "the Mathmagician" has not been selling very well over the last few... (answered by solver91311)
I've completed some of the questions - however I am not sure if they are correct. Your... (answered by stanbon)