document.write( "Question 1151880: Build the equation for the number of DVDs, n, In terms of their Price, P.
\n" ); document.write( "One month a store sells dvds for $5 Each and sells 1200 DVDs. The next month they charge $7.50 and sell 800 dvds
\n" ); document.write( "

Algebra.Com's Answer #773738 by jim_thompson5910(35256)\"\" \"About 
You can put this solution on YOUR website!

\n" ); document.write( "Temporarily, I'm going to use x instead of P.
\n" ); document.write( "Also, I'll use y in place of n.
\n" ); document.write( "At the end I'll do replacements.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "----------------------------------\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "x = price
\n" ); document.write( "y = number of DVDs\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"One month a store sells dvds for $5 Each and sells 1200 DVDs.\" means we have the point (x1,y1) = (5, 1200)\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"The next month they charge $7.50 and sell 800 dvds\" means we have the point (x2,y2) = (7.5, 800)\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Calculate the slope
\n" ); document.write( "\"m+=+%28y%5B2%5D+-+y%5B1%5D%29%2F%28x%5B2%5D+-+x%5B1%5D%29\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"m+=+%28800+-+1200%29%2F%287.5+-+5%29\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"m+=+%28-400%29%2F%282.5%29\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"m+=+-160\"
\n" ); document.write( "The slope tells us that for each price increase of $1, the number of DVDs sold goes down by 160.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Now turn to the point-slope formula. Plug in the given info. Solve for y.
\n" ); document.write( "\"y-y%5B1%5D+=+m%28x+-+x%5B1%5D%29\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"y-1200+=+-160%28x+-+5%29\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"y-1200+=+-160%28x%29+-+160%28-5%29\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"y-1200+=+-160x+%2B+800\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"y+=+-160x+%2B+800%2B1200\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"y+=+-160x%2B2000\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"n+=+-160%2AP%2B2000\" Replace x with P, replace y with n.\r
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "---------------------------------
\n" ); document.write( "Check: \r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "We should plug in a price of P = 5 and get n = 1200
\n" ); document.write( "\"n+=+-160%2AP%2B2000\"
\n" ); document.write( "\"n+=+-160%2A5%2B2000\"
\n" ); document.write( "\"n+=+-800%2B2000\"
\n" ); document.write( "\"n+=+1200\"
\n" ); document.write( "so that works out. Also, plugging in P = 7.5 should lead to n = 800
\n" ); document.write( "\"n+=+-160%2AP%2B2000\"
\n" ); document.write( "\"n+=+-160%2A7.5%2B2000\"
\n" ); document.write( "\"n+=+-1200%2B2000\"
\n" ); document.write( "\"n+=+800\"
\n" ); document.write( "that works as well. We have the proper equation.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "---------------------------------\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Answer: \"n+=+-160%2AP%2B2000\"
\n" ); document.write( "
\n" ); document.write( "
\n" );