document.write( "Question 892984: A manufacturer of toy dolls can supply 2000 dolls if the dolls are sold for $8 each, but he can supply only 800 dolls if the dolls are sold $2 each. If x represents the price of the dolls and y the number of items, write an equation for the supply curve. \n" ); document.write( "
Algebra.Com's Answer #540969 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A manufacturer of toy dolls can supply 2000 dolls if the dolls are sold for $8 each, but he can supply only 800 dolls if the dolls are sold $2 each. If x represents the price of the dolls and y the number of items, write an equation for the supply curve. \n" ); document.write( "-------- \n" ); document.write( "You have 2 points:: (8,2000) and (2,800) \n" ); document.write( "------ \n" ); document.write( "slope = (2000-800)/(8-2) = 1200/6 = 200 \n" ); document.write( "--------------- \n" ); document.write( "Form:: y = mx + b \n" ); document.write( "Solve for \"b\":: \n" ); document.write( "800 = 200*2 + b \n" ); document.write( "b = 400 \n" ); document.write( "================== \n" ); document.write( "Equation: \n" ); document.write( "y = 200x + 400 \n" ); document.write( "------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |