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Give typed solution You run a pizza shop and recently raised your price for a pepperoni pizza from $15 to $19. When you do this,

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You run a pizza shop and recently raised your price for a pepperoni pizza from $15 to $19. When you do this, your sales fall from 1954 to 875 pepperoni pizzas per month. Assuming that your demand curve is linear (i e., it takes the form O ( P ) = a - bp) What is the b parameter (Note: This number should be positive). QUESTION 4 You run company that makes leather tote bags Due to increased costs for leather, you had to raise your price from $14 to $49 When you do this, your sales fall from 1776 to 762 bags per month Assume that your demand curve is linear (i e, It takes the form O( P) =a - bry Calculate the intercept parameter (i e. a)

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