Math Problem Statement
A clothing business finds there is a linear relationship between the number of shirts, xx, it can sell and the price, yy, it can charge per shirt. In particular, historical data shows that 70007000 shirts can be sold at a price of $14$14, while 80008000 shirts can be sold at a price of $9$9.
a) Give a linear equation relating the price yy they can charge for selling xx shirts. Write the slope as a decimal
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Equations
Slope-Intercept Form
Formulas
Slope formula: m = (y2 - y1) / (x2 - x1)
Slope-Intercept Form: y = mx + b
Theorems
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Suitable Grade Level
Grades 7-9