Two points on a linear demand function are ($24, 60,000) and ($32, 44,400). Determine the demand function q = f (p). Determine what price would result in demand of 80,000 units. Interpret the slope of...

Two points on a linear demand function are ($24, 60,000) and ($32, 44,400).
Determine the demand function q = f (p).
Determine what price would result in demand of 80,000 units.
Interpret the slope of the function.
Define the restricted domain and range for the function.

Rubrics
Uses information appropriately: 0.5
Applies appropriate procedures: 0.5
Answers the problem: 0.25