The following data represent the price p and quantity demanded per day q of 24" LCD monitor.

    Price, p (in dollars) …………………. Quantity Demanded, q

150 …………………………………………………………….. 100

200 …………………………………………………………….. 80

250 ……………………………………………………………..  60

300 ……………………………………………………………..  40

(a) Plot the ordered pairs (p, q) in a Cartesian plane.

(b) Show that quantity demanded q is a linear function of the price p.

(c) Determine the linear function that describes the relation between p and q.

(d) What is the implied domain of the linear function?

(e) Graph the linear function in the Cartesian plane drawn in part (a).

(f) Interpret the slope.

(g) Interpret the values of the intercepts.