document.write( "Question 197068This question is from textbook
\n" ); document.write( ": A consumer electronics company sells 6.7 million MP3 players per month at a price of $100 apiece; when the price is lowered tp$80, the company sells 10.2 million players per month. How many MP3 players can the company expect to sell per month at a price of $75? \n" ); document.write( "
Algebra.Com's Answer #147795 by ankor@dixie-net.com(22740)\"\" \"About 
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A consumer electronics company sells 6.7 million MP3 players per month at
\n" ); document.write( " a price of $100 apiece; when the price is lowered tp$80, the company sells
\n" ); document.write( " 10.2 million players per month. How many MP3 players can the company expect
\n" ); document.write( " to sell per month at a price of $75?
\n" ); document.write( ":
\n" ); document.write( "Assign the values as follows
\n" ); document.write( "x1 = 100; y1 = 6.7
\n" ); document.write( "x2 = 80; y2 = 10.2
\n" ); document.write( ";
\n" ); document.write( "Find the slope: m = \"%2810.2-6.7%29%2F%2880+-+100%29\" = \"3.5%2F%28-20%29\" = -.175
\n" ); document.write( ":
\n" ); document.write( "Find the equation using point/slope formula: y - y1 = m(x - x1)
\n" ); document.write( "y - 6.7 = -.175(x - 100)
\n" ); document.write( "y - 6.7 = -.175x + 17.5
\n" ); document.write( "y = -.175x + 17.5 + 6.7
\n" ); document.write( "y = -.175x + 24.2
\n" ); document.write( ":
\n" ); document.write( "How many MP3 players can the company expect to sell per month at a price of $75?
\n" ); document.write( "y = -.175(75) + 24.2
\n" ); document.write( "y = -13.125 + 24.2
\n" ); document.write( "y = 11.075 million sold at $75
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