QS A large sporting goods retailer with multiple stores is attempting to predict the demand for the latest in a seemingly never-ending stream of high-tech basketball shoes, the Nike-Bok Turbo...

Extracted text: QS A large sporting goods retailer with multiple stores is attempting to predict the demand for the latest in a seemingly never-ending stream of high-tech basketball shoes, the Nike-Bok Turbo Air-Pump. It is estimated that 300 pairs will be sold per day in the retailer's stores if the new shoe is priced at $200. At a price of $175; 375 pairs are expected to be sold. a) If price is plotted on the horizontal axis, determine the slope-intercept form of the equation for demand. b) Predict the expected demand at a price of $225. At a price $160. c) Identify the p-intercept and interpret its meaning