OpenStudy (anonymous):

A company that makes nails finds that it would sell 42 boxes of nails per month if they are priced at $20 per box. If the company lowers the price to $10 per box, then more people would purchase nails and the company could expect to sell 52 boxes per month. Find the equation of the line for the demand equation if x represents the number of boxes sold and y is the price of a box of nails. y = 62 + x y = 42 − x y = 42 + x y = 62 − x

3 years ago
OpenStudy (radar):

Just do it like you would for a line equation. Find the slope (you have been given two points) Then develop the equation for the line.

3 years ago
OpenStudy (radar):

The two points are: (20,42) and (10,52)

3 years ago
OpenStudy (triciaal):

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3 years ago