Math Problem Statement
In particular, historical data shows that 9000 shirts can be sold at a price of $67 , while 16000 shirts can be sold at a price of $4 . Give a linear equation in the form p = mn + b that gives the price p they can charge for shirts.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Slope-Intercept Form
Formulas
Slope formula: m = (p2 - p1) / (n2 - n1)
Slope-intercept form: p = mn + b
Theorems
Point-Slope Form of a Line
Linear Function Theorem
Suitable Grade Level
Grades 9-11
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