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