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1. The demand for an insulated stainless steel bottle is modeled by the function my) = 324 0.5p2 0 g p g 25 where f(p)
1. The demand for an insulated stainless steel bottle is modeled by the function my) = 324 0.5p2 0 g p g 25 where f(p) is the quantity in thousands of bottles produced weekly and p is the price, in dollars, of each bottle. (a) Find f'(p). Demonstrate the general power rule. (b) Find E(p), then find E(20). (c) If the company is charging $20 for a stainless steel bottle. should they raise the price or lower the price in order to increase their revenue
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