Answer:
[tex] p = 75n + 250 [/tex]
Step-by-step explanation:
Equation of the situation, in slope-intercept form is given as [tex] p = mn + b [/tex].
Where,
b = y-intercept
m = slope
n = number of computers sold
p = total cost
All we need to find is the value of m and b.
Using two pairs from the table of values, (4, 550) and (6, 700):
[tex] slope(m) = \frac{y_2 - y_1}{x_2 - x_1} = \frac{700 - 550}{6 - 4} = \frac{150}{2} = 75 [/tex]
Substitute n = 4, p = 550, and m = 75 in [tex] p = mn + b [/tex], and find the value of b.
[tex] 550 = (75)(4) + b [/tex]
[tex] 550 = 300 + b [/tex]
Subtract 300 from each side
[tex] 550 - 300 = b [/tex]
[tex] 250 = b [/tex]
b = 250
Substitute m = 75, and b = 250 in [tex] p = mn + b [/tex]
✅Equation that represents the situation would be:
[tex] p = 75n + 250 [/tex]