Math 103 Section 1.2: Linear Equations and ... - Bruce E. Shapiro
Math 103 Section 1.2: Linear Equations and ... - Bruce E. Shapiro
Math 103 Section 1.2: Linear Equations and ... - Bruce E. Shapiro
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The slope of a linear equation: the price-dem<strong>and</strong><br />
equation<br />
d = 1720 − .50p<br />
If price increases by $1 how much does dem<strong>and</strong> decrease?<br />
Does this depend on the starting price?<br />
If price increases by $1000 how much does dem<strong>and</strong> decrease?<br />
Does this depend on the starting price?<br />
Is the decrease in dem<strong>and</strong> always .50 times the increase in price?<br />
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