document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=465872>Question 465872</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I really need some help here getting started...I do not know what I am suppose to do and there are many parts to this but a,b are the key questions I need help with because the other questions work off this.\r<BR>\n" );
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document.write( "a. Suppose a market research company finds that at a price of p = $10, they would sell x = 24 tiles each month. If they lower the price to p = $5, then more people would purchase the tile, and they can expect to sell x = 44 tiles in a month’s time. Find the equation of the line for the demand equation. Write your answer in the form p = mx + b. Hint: Write an equation using two points in the form (x,p) and remember that order matters!<BR>\n" );
document.write( "b. Substitute the result you found from part a. into the equation R = xp to find the revenue equation. Provide your answer in simplified form.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #319273 by </B><A HREF=/tutors/aboutme.mpl?userid=edjones><B>edjones(8007)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=edjones><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=edjones><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=319273\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> (24,10) & (44,5)<BR>\n" );
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document.write( "(p-p1)/(x-x1)=m<BR>\n" );
document.write( "m=(5-10)/(44-24)<BR>\n" );
document.write( "=-5/20<BR>\n" );
document.write( "=-1/4=-.25 slope<BR>\n" );
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document.write( "(p-p1)=m(x-x1)<BR>\n" );
document.write( "p-10=-.25(x-24)<BR>\n" );
document.write( "p-10=-.25x+6<BR>\n" );
document.write( "p=-.25x+16<BR>\n" );
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document.write( "R=xp<BR>\n" );
document.write( "=x(-.25x+16)<BR>\n" );
document.write( "=-.25x^2+16x<BR>\n" );
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document.write( "Ed </SPAN>\n" );
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