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

  

b) Use your equation to predict the number of shirts sold if the price is $39$39.

b) Use your equation to predict the price if the number of shirts is 10001000.

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Solution

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Math Problem Analysis

Mathematical Concepts

Linear Equations
Slope-Intercept Form

Formulas

Slope formula
Linear equation (slope-intercept form)

Theorems

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Suitable Grade Level

Grades 7-9