Question: The demand for a product is given in Problem 42. Find the revenue and the derivative of revenue with respect to price at a price

The demand for a product is given in Problem 42. Find the revenue and the derivative of revenue with respect to price at a price of $10. Interpret your answers in economic terms.

In Problem 42

If p is price in dollars and q is quantity, demand for

If p is price in dollars and q is quantity, demand for a product is given by q = 5000e-0.08p (a) What quantity is sold at a price of $10? (b) Find the derivative of demand with respect to price when the price is $10 and interpret your answer in terms of demand.

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