SOLUTION: Find the supply equation using the given information. (Let x be the number of items.) At a price of $1600 a supplier will supply 170 items. If the price decreases by $100, then th

Algebra ->  Linear-equations -> SOLUTION: Find the supply equation using the given information. (Let x be the number of items.) At a price of $1600 a supplier will supply 170 items. If the price decreases by $100, then th      Log On


   

Question 363807: Find the supply equation using the given information. (Let x be the number of items.)
At a price of $1600 a supplier will supply 170 items. If the price decreases by $100, then the supplier will supply 20 fewer items.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!


Hi, 

m+=%28y%5B2%5D+-+y%5B1%5D%29%2F%28x%5B2%5D+-+x%5B1%5D%29

 (150, 1500), (170,1600)

m+=%28100%29%2F%2820%29

m = 5 where Y =  mx + b

Y = 5x + b

1500 = 5*150 + b

750 = b

Y = 5x + 750 would be the supply equation

checking our answer

1600 = 5*170 + 750 = 850 + 750