Suppose a demand function is given by where q is the demand for a product and p
Question:
Suppose a demand function is given by
where q is the demand for a product and p is the price per item in dollars. Find the rate of change in the demand for the product per unit change in price.
Transcribed Image Text:
P 30 (5 √²+1) 1. q = D(p) = 30(5
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q Dp 150 30 5 30p p 1 1 150 30p p 12 ...View the full answer
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