Math  /  Data

QuestionFind the linear demand function for cell phones using the 2009 and 2010 data. Predict sales at \$156 and state the decrease per \$1 increase.
q(p)= q(p)=

Studdy Solution
The slope of the demand curve represents the change in quantity demanded for a one unit change in price. In this case, for every $ increase in price, sales of cell phones decrease by39 million units.

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