Question

The following table shows worldwide sales of a certain type of cell phone and their average selling prices in 2013 and 2017. Year 2013 2017 Selling Price ($) 335 285 Sales (millions) 1,010 1,510 (a) Use the data to obtain a linear demand function for this type of cell phone. q(p) = Use your demand equation to predict sales to the nearest million phones if the price is raised to $395. million phones (b) Fill in the blank. For every $1 increase in price, sales of this type of cell phone decrease by million units.

          The following table shows worldwide sales of a
certain type of cell phone and their average selling
prices in 2013 and 2017.
Year
2013
2017
Selling Price ($)
335
285
Sales (millions)
1,010
1,510
(a) Use the data to obtain a linear demand
function for this type of cell phone.
q(p) = 
Use your demand equation to predict sales to
the nearest million phones if the price is raised
to $395.
 million phones
(b) Fill in the blank.
For every $1 increase in price, sales of
this type of cell phone decrease by
 million units.

The following table shows worldwide sales of a
certain type of cell phone and their average selling
prices in 2013 and 2017.
Year
2013
2017
Selling Price ()
335
285
Sales (millions)
1,010
1,510
(a) Use the data to obtain a linear demand
function for this type of cell phone.
q(p) =
Use your demand equation to predict sales to
the nearest million phones if the price is raised
to395.
million phones
(b) Fill in the blank.
For every 1 increase in price, sales of
this type of cell phone decrease by
million units.

Added by Stephanie F.

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