The following table represents the selling price of a pair of sneakers sold by the Spelete Galore Sneaker Shop and the number of pairs of sneakers sold at that price: Price of a pair of sneakers (x) Number of pairs of sneakers sold (y) 400 750 1 200 1 800 25 17 12 8 The shop suspects that there is a linear relationship between the number of pairs of sneakers sold and the price of a pair of sneakers. What will the estimated number of pairs of sneakers sold be if a pair of sneakers costs R900? OA. 15 OB. 5 OC. 20 O D. 17

The following table represents the selling price of a pair of sneakers sold by the Spelete Galore Sneaker Shop and the number of pairs of sneakers sold at that price: Price of a pair of sneakers (x) Number of pairs of sneakers sold (y) 400 750 1 200 1 800 25 17 12 8 The shop suspects that there is a linear relationship between the number of pairs of sneakers sold and the price of a pair of sneakers. What will the estimated number of pairs of sneakers sold be if a pair of sneakers costs R900? OA. 15 OB. 5 OC. 20 O D. 17

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter4: Utility Maximization And Choice

Section: Chapter Questions

Problem 4.2P

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