p=2ln(6)

Math 110 Course Resources - Implicit Differentialon & Related Rates Course Packet on computing elasticity of demand using implicit differentiation The demand function for Wally Winka's Neverending Lollipops is given by p = (4 - x)In(x + 4) where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Compute the price, p, when x = 2. Do not round your answer. Price, p = Use implicit differentiation to compute the rate of change of demand with respect to price, p, when x = 2. Do not round your answer. Rate of change of demand, x' = X Compute the elasticity of demand when x = 2. Do not round your answer. Elasticity of Demand = X