The manager of a shoe store determines that the price p (dollars) for each pair of a
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The manager of a shoe store determines that the price p (dollars) for each pair of a popular brand of sports sneakers is changing at the rate of
when x (hundred) pairs are demanded by consumers. When the price is $75 per pair, 400 pairs (x = 4) are demanded by consumers.
a. Find the demand (price) function p(x).
b. At what price will 500 pairs of sneakers be demanded? At what price will no sneakers be demanded?
c. How many pairs will be demanded at a price of $90 per pair?
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Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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