The price p that must be set in order to sell q items is given by the

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The price p that must be set in order to sell q items is given by the equation p = -3q + 1200.
(a) Find and interpret the p-intercept of the graph of the equation.
(b) Find and interpret the q-intercept of the graph of the equation.
(c) Find and interpret the slope of the graph of the equation.
(d) What price must be set in order to sell 350 items?
(e) What quantity will be sold if the price is $300?
(f) Draw the graph of the equation.
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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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