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Demand Equations

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Suppose that a market research company finds that at a price of p = $20, they would sell x = 42 tiles each month. If they lower the price to p = $10, then more people would purchase the tile, and they can expect to sell x = 52 tiles in a month's time. Find the equation of the line for the demand equation. Write your answer in the form p = mx + b.

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A demand equation is found. The solution is detailed and well presented. The response received a rating of "5/5" from the student who originally posted the question.

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