document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=132115>Question 132115</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I have no idea how to do the following please help!<BR>\n" );
document.write( "Suppose that a market research company finds that a price of p=$20, they would sell x=42 tiles each month. If they lower the price to p=$10, then more people would purchase teh tile, and they can expect to sell x=52 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.<BR>\n" );
document.write( "(write the equation using two points in the form(x,p)<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #96476 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=96476\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Suppose that a market research company finds that a price of p=$20, they would sell x=42 tiles each month. If they lower the price to p=$10, then more people would purchase teh tile, and they can expect to sell x=52 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.<BR>\n" );
document.write( "(write the equation using two points in the form (x,p)<BR>\n" );
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document.write( "You have two points: (42,20), (52,10)<BR>\n" );
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document.write( "slope = -10/10 = -1<BR>\n" );
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document.write( "Form: p = mx+b<BR>\n" );
document.write( "You know p, m, and x; solve for \"b\".<BR>\n" );
document.write( "10 = -1*52+b<BR>\n" );
document.write( "b = 62<BR>\n" );
document.write( "EQUATION:<BR>\n" );
document.write( "p(x) = -x + 62<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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