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By Analyzing Sales Figures, the Accountant for the Johnson Stereo

Question 112

Essay

By analyzing sales figures, the accountant for the Johnson Stereo Company knows that 275 units of a CD player can be sold each month when the price is $195 per unit. The figures also show that for each $20 hike in price, 11 fewer units are sold monthly. Let x denote the number of units sold per month and p the price per unit. Find an equation that expresses x in terms of p.
Write your answer in slope-intercept form, By analyzing sales figures, the accountant for the Johnson Stereo Company knows that 275 units of a CD player can be sold each month when the price is $195 per unit. The figures also show that for each $20 hike in price, 11 fewer units are sold monthly. Let x denote the number of units sold per month and p the price per unit. Find an equation that expresses x in terms of p. Write your answer in slope-intercept form, . Round values to 2 decimal places. . Round values to 2 decimal places.

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