b. suppose the demand for a particular month was 100 bags. what was the price that month?c. how much should you charge for a bag of cheese curds if you want the monthly demand to increase to 250 bags per month?

Suppose you run a dell and must determine how much to charge for bags of fresh Wisconsin cheese curds. The following chart shows monthly sales figures for the cheese curds when the bags are priced at two different levels (9 points total: 3 for each part) Price per bag $6 $7 Demand (bags 200 175 sold per month) Find a linear model demand: (d) is the independent variable and price per bag (p) is the dependent variable. Le. it will be in the form p = m*d + b a. How much should you charge for a bag of cheese curds if you want the monthly demand to increase to 250 bags per month