document.write( "Question 785319: The following table shows worldwide sales of a certain type of cell phone and their average wholesale prices in 2009 and 2010.
\n" ); document.write( "Quarter Q1 2009 Q1 2010
\n" ); document.write( "Wholesale Price ($) 163 153
\n" ); document.write( "Sales (millions) 175 214
\n" ); document.write( "(a) Use the data to obtain a linear demand function for cell phones.
\n" ); document.write( "q(p) = \r
\n" ); document.write( "\n" ); document.write( "Use your demand equation to predict sales to the nearest million phones if the price was set at $156. (Round your answer to the nearest million phones.)\r
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\n" ); document.write( "\n" ); document.write( "(b) Fill in the blank.
\n" ); document.write( "For every $1 increase in price, sales of cell phones decrease by
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Algebra.Com's Answer #477459 by xinxin(76)\"\" \"About 
You can put this solution on YOUR website!
a)Let the function be Q(P)=aP+b, then
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Solved by pluggable solver: Linear System solver (using determinant)
Solve:
\n" ); document.write( " \"+system%28+%0D%0A++++163%5Ca+%2B+1%5Cb+=+175%2C%0D%0A++++153%5Ca+%2B+1%5Cb+=+214+%29%0D%0A++\"
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\n" ); document.write( " Any system of equations:
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\n" ); document.write( " has solution
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\n" ); document.write( " (a=-3.9, b=810.7}
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\n" ); document.write( "\n" ); document.write( "Q(P)=-3.9P+810.7
\n" ); document.write( "When P=156, Q(P)=202.3=202 millions\r
\n" ); document.write( "\n" ); document.write( "b)-3.9P+810.7-(-3.9*(P+1)+810.7)=3.9 millions=3900000
\n" ); document.write( ".....sales of cell phones decrease by 3900000.
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