Question
The quantity for a 17-inch LCD TV is 20,000 at a price of Php 25,000, while 45,000 is demanded for the price of Php 15,000.
The quantity for a 17-inch LCD TV is 20,000 at a price of Php 25,000, while 45,000 is demanded for the price of Php 15,000. Assuming a linear relationship between price and quantity, which of the following models the price-quantity function of the LCD TV?
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Practical Law Office Management
Authors: Cynthia Traina Donnes
4th Edition
1305577922, 978-1305577923
