We are given two points representing the price ($p$) per camera and the quantity ($q$) of cameras supplied per month: $(900, 35)$ and $(1500, 50)$. We need to find the linear supply equation in the form $p = mq + b$, where $m$ is the slope and $b$ is the y-intercept.
2025/5/2
1. Problem Description
We are given two points representing the price () per camera and the quantity () of cameras supplied per month: and . We need to find the linear supply equation in the form , where is the slope and is the y-intercept.
2. Solution Steps
First, calculate the slope using the two given points:
Now, use the point-slope form of a linear equation:
Substitute one of the points (e.g., ) and the calculated slope :
3. Final Answer
The supply equation is .