document.write( "Question 397705: A consumer electronics company sells 6.7m MP3 Playerss per month at 100$ a piece. When the price is lowered to 80$ a piece the company sells 10.2m. How many MP3 Players can the company expect to sell per month at a price of 75$ a piece? \n" ); document.write( "
Algebra.Com's Answer #281787 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A consumer electronics company sells 6.7m MP3 Playerss per month at 100$ a piece. When the price is lowered to 80$ a piece the company sells 10.2m. How many MP3 Players can the company expect to sell per month at a price of 75$ a piece? \n" ); document.write( "----- \n" ); document.write( "You have two points: (100,6.7m) and (80,10.2m) \n" ); document.write( "-------- \n" ); document.write( "slope = k = (10.2-6.7)/-20 = -0.175 \n" ); document.write( "------------------- \n" ); document.write( "Form: N(x) = kx + b \n" ); document.write( "--- \n" ); document.write( "Solve for \"b\": \n" ); document.write( "6.7m = -0.175*100 + b \n" ); document.write( "6.7 = -17.5 + b \n" ); document.write( "b = 24.2 \n" ); document.write( "============ \n" ); document.write( "N(x) = -0.175x + 24.2 \n" ); document.write( "--- \n" ); document.write( "N(75) = -0.175*75+24.2 \n" ); document.write( "N(75) = 11.075 million \n" ); document.write( "========================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |