Points: 0 of 1 Save According to economic theory, the demand x for a quantity in a free market decreases as the price p increases (see the figure). Suppose that the number x of DVD players people (A) Find are willing to buy per week from a retail chain at a price of $p is given by x= 9,000 0.1p + 1 10 Sp$70. dx 900 Answer parts (A), (B), and (C) dp (0.1p+ 1) 4500 9.000 (B) Find the demand and the instantaneous rate of change of demand with 0.1p -1 Q respect to price when the price is $40. Write a brief interpretation of these results. The demand is x = 1800 when the price is $40 Demand 2250 The instantaneous rate of change of demand with respect to price is - 36 when the price is $40. Write a brief interpretation of these results, 40 ence (dollars) At a price level of $40, the demand is 1800 DVD players per week and demand is decreasing at the rate of 36 DVD players per dollar (C) Use the results from part (B) to estimate the demand if the price is increased to $41. The demand is approximately 1764 if the price is increased to 541. Similar question n example Get more help - Part 1 01 5 x Points: 0 of 1 According to economic theory, the demand x for a quantity in a free market decreases as the price p increases (see the figure). Suppose that the number x of DVD players people (A) Find dx de are willing to buy per week from a retail chain at a price of $p is given by x = 6,000 "0.1p + 1' 10 Sp570. dx do Answer parts (A), (B), and (C). 3000- 6,000 X= 0.1p+ 1 Demand 1500- P 40 80 Price (dollars) Cab mara hain