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Price-demand:-

The weekly demand for mouthwash in a chain of drug stores is 1,160 bottles at a price of $3.79 each. If the price is lowered to $3.59, the weekly demand increases to 1,320 bottles.

Assuming that the relationship between the weekly demand x and price per bottle p is linear, express p in terms of x. How many bottles would the stores sell each week if the price were lowered to $3.29?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92023026

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