Raymond B. answered 02/01/23
Math, microeconomics or criminal justice
(1,30), (3,5)
at $30 1,000 sold
at $5 3,000 sold
y-30= (-25/2)(x-1)
y=-12.5x +42.5
y= -12.5x+42.5
P= -12,500 + 42,500
Price in dollars = quantity in units of -12.5 thousand +42,500
30=-12.5 +42.5=30
P=-12.5x +42,500
5= -12.5(3)+42.5=-36.5+42.5=5