Economics aa1 Marketing The following data represent the price and quantity supp

Question

Economics aa1 Marketing The following data represent the price and quantity supplied in 2007 for Dell personal Computers. Price($/Computer) 2300 2000 1700 1500 1300 1200 1000 Quantity Supplied 180 173 160 150 137 130 113 (a) Using a graphing utility, draw a scatter diagram of the data with price as the dependent variable (b) Using a graphing utility, build a logarithmic model from the data. (c) Using a graphing utility, draw the logarithmic function found in part (b) on the scatter diagram. (d) Use the function found in part (b) to predict the number of Dell personal computers that will be supplied if the price is $1650.

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