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Determine the dvd sales demand function

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1. Known line equations: x + 3y = 7 and 2x + 2y = 6. Determine whether the two lines are "parallel". "Cut each other" or "coincide". Give the explanation.

2. The sale of a DVD every week reaches 28,000 copies when the price is IDR 1,600 per DVD. When DVD prices rose to Rp2000 per DVD sales only reached 12,000 copies every week. Determine the DVD sales demand function assuming the function is linear and graph it!

Reference no: EM132551417

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