The number x of bicycle helmets people are willing to buy per week from a retail chain
Question:
x = 1,000 - 60p + 25 20 ¤ p ¤ 100
(see the figure).
(A) Find dx/dp.
(B) Find the demand and the instantaneous rate of change of demand with respect to price when the price is $75. Write a brief interpretation of these results.
Transcribed Image Text:
800 ,-1.000-60Yp + 25 600 6叶 200 SOvp 25 400 20 40 60 80 100 Price (dollars) Figure for 93 and 94
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x 1000 60 p 25 1000 60p 25 12 20 p 100 A B x7...View the full answer
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Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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